In capitalist enterprises across the US, when the working day ends and employees return to their homes, many stop at bars along the way. Signs invite them in for a “Happy Hour” of drinking. The implication is that the previous hours – working – are the day’s unhappy hours. Similarly, current mainstream academic economics (“neoclassical economics”) ascribes “disutility” to labor, an absolute and universal characteristic of labor per se.
- Published on December 17, 2012AUDIO
Updates on Newtown, CT. school shooting, global warming and the CIA, Hostess abuses workers' pensions, and growing gap between CEOs' and workers' pay. Discussion: (1) lessons of Michigan Republicans' assault on union finances and (2) causes and results of declining workers' conditions in US, Europe. Response to listeners: rotation of work in coop workplaces vs capitalist enterprises.
- Published on December 13, 2012AUDIOClick here to listen to the interview on WPKN.org Richard Wolff, Prof. of Economics at the New School in NYC, talks with host Richard Hill about the non-unionized labor actions that have occurred in the last few weeks at Wal-Mart and in the fast food industry, and places these struggles in their historical context.
- Published on December 10, 2012AUDIOUpdates on unpaid law clerks, Buffett's minimum tax on high incomes, and CBO report on medical care costs and federal deficits. Discussion of Walmart as emblem and example of capitalist "success." Responding to listeners on Robin Hood tax and student debt relief campaign and on rationales for cutting corporate tax rates.
- Published on December 5, 2012VIDEOThese Tuesday evenings will each begin with an update and analysis of major economic events of the last month and their contexts of longer-term economic trends shaping politics and society here and abroad. We will focus on the evolving global capitalist economic crisis and its consequences.
- Published on December 3, 2012AUDIOUpdates on unpaid law clerks, Buffett's minimum tax on high incomes, and CBO report on medical care costs and federal deficits. Discussion of Walmart as emblem and example of capitalist "success." Responding to listeners on Robin Hood tax and student debt relief campaign and on rationales for cutting corporate tax rates. On Economic Update with Professor Richard Wolff, Wolff and guests will discuss the current state of the economy, both locally and globally in relation to the economic crisis.
- Published on December 3, 2012AUDIOEveryone from the candidates to the parties to observers and voters are making their respective senses of what the election results mean. Here we offer a psychological and economic analysis of an election dominated by what people were voting against and how they reacted to remarkably divisive claims made especially by the Romney and Republican forces.
- Published on November 26, 2012AUDIO
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Counterpoint, hosted by Scott Harris, is heard every Monday night on WPKN 89.5 FM, Bridgeport, CT between 8:00 - 10:00 pm ET. Webstreaming and audio archive at http://wpkn.org