Economic Update

 20th century socialism is now behind us. Socialists continued to evaluate both its achievements and failures via extensive self-criticism. A changed socialism has emerged, focused on a transition of workplaces from top-down hierarchical capitalist s...

Updates on successful unionization drive against Starbucks' anti-union campaign, UK universities go to 3-day schedule so students can take jobs the other 3-4 days (fallout from a failing capitalism), UAW union prepares for strike against Ford, GM and...

Updates on economists favoring rent control, leading global capitalists resent/resist US China-bashing, urgent drug shortages in US and a public pharma industry.  Major discussion of causes of rising US economic inequality since the 1960s and its soc...

Updates include how US labor rediscovers the general strike as WGA and SAG-AFTRA strikes merged in LA and allied with hotel workers,' teamsters', and teachers unions; drug-producing firms' profiteering cause shortages of needed medications; new resea...

This over 200-year debate and struggle has become confused and confusing. Too many different definitions make honest, balanced discussions and evaluations of these alternative systems difficult. Because socialism is rising yet again to challenge capi...

 Bankruptcy of Yellow Freight trucking exemplifies US capitalism's undemocratic core, history of US-China relations (from enmity to friendship to enmity), how GOP and Dems do NOT differ in providing governmental financial support to US corporations.

This week's updates focus on Biden's inadequate student debt relief, Bastille Day and French Revolution, and alternatives to Artificial Intelligence being installed to increase profits and joblessness. Interview with Dr. Harriet Fraad on the crisis o...

This week's updates focus on Artificial Intelligence abused by employers as Profiteering Tool; racism in US universities, US-China economic competition, the progressivism of Tony Bennett. Interview with Ben Cohen, co-founder/former CEO of Ben and Jer...

This week's update focuses on a systematic overview of federal, state, and local tax systems in the US to show the injustices built into corporate and personal taxation of income, spending and property.  

This week's show brings updates on unionization of Stanford University grad student workers, UPS's 350,000 workers vote and prepare for strike, 2.5 million public employees in Germany strike and win big wage gains, LA sees biggest hotel workers strik...