Economic Update with Richard D. Wolff

On this week's show, Prof. Wolff presents updates on 50 years of fossil fuel corps putting profits before science, CVS to close 900 drugstores as part of decline of US workers living standards, FBI lies in Malcolm X assassination, and huge estate tax cuts for US rich. On the second half of the show, Prof. Wolff interviews Prof. Melissa Scanlan on her new book showing how coops are a better bet than traditional capitalist corporations to solve current ecological crises.

Economic Update is now back to its regular programming schedule with a new episode released every Monday. We couldn't be happier, more relieved and more excited to get back to creating the show we all have known, needed and loved since 2011 and to celebrate, we're going to release a few batches of "binge-worthy" episodes you will only find here and on our website. So stay tuned, make sure you've subscribed to our channel, follow us on social media and of course be sure to sign up our website: www.democracyatwork.info And as always, we thank for your attention, support and solidarity. The d@w Team

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[Economic Update S13 E37] Today's Agents of Change: Strikes, Unionization & Labor Militancy

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"Updates on how Social Security makes African-Americans subsidize whites, lessons from a new survey of young Americans' politics, the injustice of Europe's central bank raising its interest rates, Taylor Swift publicly supports Hollywood strikers, and Coco Gauff publicly supports climate change activists. Interview Mike Elk, Editor of The Payday Report, tracking the strike wave across America and especially the huge autoworker's strike." Economic Update with Richard D. Wolff is a @democracyatwrk 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 Every donation counts and helps us spread Prof. Wolff's message to a larger audience.

This week on Economic Update, Prof. Wolff presents updates on Huawei vs Cisco, Europe's exploding energy prices falsely blamed on Covid, Robert Kuttner announces he has become a socialist, polls show big drop in religious affiliation and praying especially among Christians from 2007 to 2021 as secularism accelerates. In the second half of the show, Prof. Wolff is joined by Mike Elk of Payday Report to discuss the growing wave of US strikes since the pandemic began.

This week's show is dedicated to a discussion of the signs of US capitalism's decline. US history as the passage of US capitalism from its birth, through its state-supported growth and expansion, to its global peaking from 1945 to 2000. Wolff presents the causes of its ongoing decline this 21st century, and then offers a conclusion on the right, center and left political responses to decline.

On this week's show, Prof. Wolff talks about the sharp reduction in US population growth; how "lockdowns" are the anti-Covid policy everywhere, ,some gov't run and focused while others are private, haphazard, and unfocused. In the second half of the show, Prof. Wolff is joined by Fabian Scheidler, author of The End of the Megamachine: A Brief History of a Failing Civilization.