Economic Update with Richard D. Wolff10 Apr 2024

The Myth of Black Buying Power

[EU S14 E14] Economic Update: The Myth of Black Buying Power

This week's Economic Update Professor Richard Wolff discusses how the capitalist political economy can explain the Baltimore bridge disaster, we explain why raising minimum wages helps big vs small businesses. We highlight the recent court rulings in New York and how cities can lower rents for their citizens as Kingston, NY just did, (if tenants mobilize to do so).

Finally an Interview with Professor Jared A. Ball on the myths of black buying power and black capitalism and the role such myths play in supporting capitalism.

Jared A. Ball is a Professor of Communication and Africana Studies at Morgan State University in Baltimore, MD. and author of The Myth and Propaganda of Black Buying Power. Ball is also host of the podcast "iMiXWHATiLiKE!", co-founder of Black Power Media

The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so.

You can support our work by joining our Patreon community:

https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate

Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else.

We want to thank our devoted community of supporters who help make this show and others we produce possible each week.

We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(579)

U.S. Capitalism as a Crisis for Men

This week on Economic Update, Professor Wolff delivers updates on rising wages for app-based NYC food delivery workers, a wave of U.S. firms being sold to their workers, McDonald's disaster with an AI...

7 Juli 30min

Marx's Key Insight: Capitalism's Surplus

The central concept of Marx's contribution to a critical understanding of the capitalist economic system - the entry point into his distinctive analysis - is "the surplus." Today's show is devoted to ...

5 Juli 32min

Supermarket Jobs, Super Exploitation

This week on Economic Update, Professor delivers updates on the so-called Social Security Crisis, the gross inequality of stock ownership in the U.S. today, the exploited and underpaid non-tenure trac...

5 Juli 31min

Lessons from China's Economic Development

On this week's episode of Economic Update, Professor devotes the entire program to the why and how of China's passage from abject poverty and colonial humiliation to become, in unprecedented, record h...

5 Juli 31min

The Yellow Vests Mass Movement in France

This week on Economic Update, Professor delivers updates on the big union wins for 40,000 workers in the UC system, the ongoing strike of graduate student workers at Harvard, and basic statistics on t...

4 Juli 32min

Center for Popular Economics: Goals and Achievements

On this week's episode of Economic Update, Professor delivers updates on why and how worker co-ops are a strategic direction for socialism, and Europe's deindustrialization. The second half features a...

8 Juni 31min

Economic Update: The Economics of Unemployment Today

This week on Economic Update, Professor Wolff briefly discusses two current large strikes by workers fighting back: the British Columbia nurses in Canada and the commuter rail workers in New York (LIR...

27 Maj 31min

Economic Update: The Global "Birth Strike" Changes Everything

This week on Economic Update, Professor Wolff delivers updates on the tentative agreement reached by the unionized portion (85%) of the staff at the Los Angeles Unified School District (400,000 studen...

20 Maj 35min