Economic Update

 Updates on Chicago hotel workers strike and Philadelphia parking lot attendants organizing, Cuomo's centrist, money-dependent  campaign, another socialist (Julia Salazar) wins election, McDonald's workers strike in 10 cities against employer's failure t...

 Updates on Tenth Anniversary of Lehman Brothers Bank collapse, assisting Ocasio-Cortez show how to finance socialist projects, Colin Kaepernick's ad for Nike and contradictions of capitalism.  Interview with Michael Pelias on launching a new Left Univer...

This week's special edition of Economic Update deals with Keynesian economics as a theory that clashes with both the mainstream economics ("neoclassical") that celebrates private capitalism and with critical theories such as Marxian economics that are op...

This special editon of Economic update deals with how and why government take-over of private corporations need not be and often is not "socialism" and why it is often done to strengthen private capitalists.  

 Updates on new approach to Labor Day, DNC accepts fossil fuel donations, Turkey's crisis as typical capitalist instability, collapse of Genoa toll bridge, exploding gap between CEO and average worker pay, Gallup Poll on capitalism vs socialism in US.Int...

Updates on Missouri vote for union position, the irrationality of student debt, economic sanction of Iran isolates and costs US for Trump political gains, Monsanto puts profits over cancer risks, Louisiana legislature punishes big banks for lending to as...

Updates on poverty in California, childhood obesity in US, economic fallout from (real meaning of) Trump steel tariff. Prof Wolff responds to questions by explaining how US politics has sustained US capitalism and what the politics of change will require.

Updates on social costs of criminalizing marijuana, US food outlets taken over by foreign conglomerates, capital labor conflict in India, Trump's Signature Bank swamp, New Zealand makes 10-days paid domestic violence leave mandatory. Interview with Matt ...

Updates on Europe's higher labor force participation; Cuomo campaign fakes "small donations"; US restaurants decline as pinched incomes switch to food delivery; "market" housing system causes homelessness; education fails to overcome black-white wealth g...

Updates on New Zealand firm succeeds with 4 day workweek; Vienna's public housing successes; Fordham adjuncts' union wins big; Burberry destroys $ millions in new clothes; precarious US jobs worsen alcoholism among young; US airlines raise profits by shr...