Updates on New York City's suit against big oil and dumping $5 billion in fossil fuel investments, fast-rising US consumer debt, further attacks on labor and living standards in Greece, collapse of Carillion Corp exposes failure of privatization in UK, and how CVS' touch-ups of beauty images expose economics of advertising. Interview with Prof. Bertell Ollman on Marx's distinctive contributions to analyzing capitalist society, past and present.
Updates on problems and solutions for workplace discrimination, China's ascending economy, capitalism's drive to income and wealth inequalities, economics of immigration's winners and losers, US capitalism and African-Americans. Interview with co-author Prof. Richard McIntyre on new book: Knowledge, Class and Economics: Marxism Without Guarantees.
Updates on net neutrality, workplace sexual harassment, bitcoin, worsening global inequality, Europe's recovery and instability, and using prison labor to fight fires. Major discussions of consumerism, gathering revolt against capitalism, and the economics of alternative populisms.
Updates on economic costs/benefits of refugees, rise of BRICS nations in world economy (vs US decline), closing and privatization of US public libraries, size of slavery and forced child labor in world economy now, and how the "gig" economy is just another effort to profit by lengthening the working day. Major discussion: what the historical transition to capitalism suggests about transition from capitalism to a worker-coop-based economic system.
Updates on Trump/GOP tax plan, Americans having "trouble paying bills," post-1989 Russia more unequal than USSR, Eastern now colony of Western Europe, targeting finance vs entire system, closing rural US hospitals, Puerto Rico as US colony. Interview Dr. Harriet Fraad on economics, psychology and mass murders.
Updates on closing 6,400 retail stores in 2017, decline in US housing starts, 800 major corporations oppose Trump on DACA, US child poverty rates, US to rely on banks' "self-reporting" of their misdeeds, and significance of California Disclose Act. Interview investigative journalist Bob Hennelly on Local 3 strike in New York and its importance to the US labor movement today.