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.
Updates on Wonderwoman, Archbishop's critique of UK economic system, a US Labor Day comment, McDonald's workers strike in UK, economics of hurricanes, and economics of the Trump/GOP tax cut "reform." Interview Dr. Harriet Fraad: the capitalist system's impacts on health - from stress to death - are mostly unacknowledged or taken account of in its key decisions.
Updates on US working conditions 2017, looming US recession and plans for negative interest rates, schools raise funds by shaming poor school children, and the economics of fascism. Major discussion: why FDR's New Deal (successful trickle up economics) was not repeated after 2008 (unsuccessful trickle down economics). Consequences of post-1945 destruction of coalition that produced New Deal.
Updates on how millennials have fallen behind their parents in income wealth, etc., on poor medical outcomes in US despite paying most for health (especially drugs), deepening scandals of German car corps, and why a Chinese t-shirt-maker investment in Arkansas teaches frightening economic lessons. Interview with Prof Michael Hudson on "Junk Economics."
Updates on how golf courses are economically undemocratic, how US drug corps block much cheaper medicine imports, why US corps neither need nor deserve tax cuts, how Monsanto bought academic research to keep dangerous "Roundup" on the market, and the economics and politics of scapegoating immigrants in the US and Germany. Interview with Joerg Rieger and Rosemarie Henkel-Rieger on their combination of faith and advocating for labor to undo inequality in the US.
Updates on Russia sanctions, medical companies' failures, cable company monopolies, CEO pay, battling Marxian economics in Utah. Major discussion of economics of socialism.
Updates on United Airlines' profits from customer abuse; bankster blames government; China's rapid economic growth; and worker coop news from Greece, New York, and Massachusetts. Interview with economics professor John Summa on big problems in economics teaching.
Updates on dueling health bills, cutting min wages, Pope on labor unions, Seattle taxes the rich. Major discussions of G-20 "leaders ", Detroit's "revival", beer company goes to worker ownership and directorship.
Updates on California, Nevada steps toward universal medical insurance, Toronto housing bubble, Air Traffic Controllers and the privatization issue, US, Mexico fight over non-free market in sugar, Illinois credit decline. Interview with Dr. Harriet Fraad on human nature.
On this week's show, Prof. Wolff talks about Trump's 2018 budget, Ford's undemocratic decisions, US opioid epidemic, Swiss vote to end nuclear power, Harley-Davidson moving jobs overseas, Canada outlaws overbooking seats on planes.
On the second half of the show, Prof. Wolff interviews John Curl, author and coop worker, on importance of worker coops.