• Equal Time Radio podcast: RIchard Wolff on Piketty: Inequality, the Wealth Divide & Lessons from Our Past

    Professor Richard Wolff, author of Democracy at Work: A Cure for Capitalism, discusses Thomas Piketty’s Capital in the Twenty-First Century's research on inequality and the wealth divide while also offering a more systemic critique of capitalism. Piketty’s book is an exhaustive examination of income inequality, based on a formidable database that he and others assembled, that is available online.
  • Economic Update: Economic "Side-Effects"

    Updates on Walmart's Mexican bribes, car loans turn bad, state taxes, US slower than Europe on renewable energy, Seattle's $15/hour wage minimum, Finland fines according to ability to pay. Major discussions: (1) medical-industrial complex and (2) London conference to build mass acceptance/resignation to capitalism's "side effects". Responses to questions on consumer stocks, H-1b visas, economic growth and differences between socialism and communism.
  • Economic Update: Myths of Capitalist Efficiency

    Updates on Maya Angelou, Chilean students' victory, uneven = no recovery, Detroit's plan to demolish 40,000 houses, and housing market realities. Major discussions on (1) international movement of economics students challenging curricula and teachers, and (2) economics of advertising

  • Economic Update: Fake Competition, Real Cooperation

    Updates on evaluating privatization of public schools, engineers' class action against Apple, Google, Intel and Adobe, and US homeownership gives way to renting. Major discussions of big movement into worker coops in Cuba, different experience of Yugoslavia, and requiring departing corporations to pay back for publicly funded gifts received. Response to listener question on self-employment.
  • Economic Update: Yet More Big Bank Misdeeds

    Updates on US sanctions against Putin aides, relative decline in US median disposable income, stunning "accounting error" by Bank of America, and clever manipulation of US regulators by 15 biggest US banks. Major discussions of declines in discount stores reflecting absence of mass recovery, successes and growth of worker coops in Spain's deep economic crisis. Response to listener question on reverse mortgages and declining quality of jobs in US.
  • Economic Update: Corporations, Wages and Jail

    Updates on no growth in US, China overtakes US, costs of GM bailout, defeat of bill to raise minimum wage while Hawaii raises its minimum. Major discussions of Pfizer decision to relocate to UK, European Court supports Tobin (financial transactions) Tax  and the stunning economics of prisons and jails in the US.

  • Economic Update: Shameful Economics

    Updates on Alabama prison/slave labor, automobile irrationalities, and the California drought. Major discussions of: cutting public employee pensions, cutting state support for public higher education, and lotteries as disguised taxes on middle and poor Americans. Responses to listener questions on the Federal Reserve "creating" money and why corporations operate overseas and then want government (taxpayers') support for corporations' foreign operations.

  • Economic Update: Culture and Economics

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    Updates on public power in Nebraska, Earth Day, Coca Cola's misleading advertisement, closing hospitals. Interview on culture and economic crisis with musician and music professor John Halle. Responses to listener questions on B- corporations and on a Wall Street Sales Tax.

  • Economic Update: Tax Injustices

    Please click on this link to stream or download the audio:   Updates on how inequality persists across generations, the nonsense of “taxes are job killers”, governor uses tax revenues to prevent unionization in a private enterprise. Major discussion of state and local taxes in the US, the economics of paying executives very high incomes, and the privatization of public services. Response to listener’s question on recent Medicare report on oversize payouts to doctors.
  • Economic Update: Bankers and Presidents

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    Updates on O'Reilly vs de Blasio, Greek bonds, millions for Detroit's athletes, and who pays federal taxes. Interview with Nomi Prins, ex-Goldman Sachs banker, on new book All the Presidents' Bankers.Response to listener on where and why Congress refuses to act (taxing rich, helping poor, reducing inequality, etc.) despite US poll results showing big majorities supporting those actions.

  • Economic Update: Building Worker Coops

    Please click on the link to stream or download the show:   Updates on Supreme Court McCutcheon decision on campaign financing, global meaning of French municipal elections, special impacts on women of raising minimum wages, and corporations' cash hoards cause unemployment and cut government services. Interview with Vanessa Bransburg who supports and builds successful worker coops in Brooklyn, New York. Response to listener on scarcity and its economic effects.

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