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Victory of the Lesser Evil (Blog)

  A crucial fact going into the 2012 election was this: from October 2010 to October 2012, the Bureau of Labor Statistics calculates that average real wages of non-supervisory workers fell by 2.4 per cent. That deterioration for the mass of the US working class happened at the same time as the so-called “recovery” from the so-far worst period of the ongoing crisis (October 2008 to October 2010). That recovery benefited only portions of the financial industry, larger corporations, and the stock market.

Economic Update: "Puerto Rico: Colony and Laboratory"

Updates on Obama's re-election, unemployment's social costs, and Kodak's betrayal of retirees. Interview journalist Ed Morales: history of Puerto Rico as US colony and policy laboratory and global crisis's impact on Puerto Rico since 2007.

Economic Update: "Profit Motives"

Updates on student debt crisis, profit-driven history of US housing, and storm (Sandy) economics. Discussions of Keynesian and Marxian economics. Response to question on transition from capitalist to workers self-directed enterprises.

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.

Hurricane Sandy and Emergency Preparedness (Blog)

Competing self-congratulations by political and utility company leaders - about how wonderfully they and the "first responders" performed in the wake of Sandy's floods and power outages - serve to hide very serious and dangerous failures to anticipate, prevent or adequately prepare for such events.

Silences Louder Than Their Words

This article originally apeared on truth-out.org   Neither Mitt Romney nor Barack Obama even mentions six alternative economic policies that, deployed together, would reduce unemployment, increase workers' real earnings and decrease the federal deficit.   This presidential election arrives five years into a severe economic crisis that both Republican and Democratic policies failed to end. The latest unemployment rate (7.8 percent) is not even halfway back to the 2007 level of 5 percent, from the crisis high of 10 percent.

Democracy at Work at Baltimore Book Festival

  Professor Wolff addressed a crowd at the Baltimore Book Festival on September 30 in the Radical Books Pavillon.

1 hr special interview with Chris Hedges

  Professor Wolff and Chris Hedges speak with Esther Armah on WBAI's Wakeup Call on 99.5fm in NYC.   They are introduced at 6:33.

An Evening in Harlem

  Since 2006 our mission at Black Agenda Report has been to challenge the current crop of black political and cultural misleaders with a vision of a new black politics of struggle, one that takes into account class differences among blacks so as to confont the prison state, and deal with the many other oppressive aspects of everyday black life which our misleaders ignore.     On Friday, October 12 most of the Black Agenda Report team gathered at Harlem's historic Riverside Church to celebrate our sixth anniversary. We were joined by Dr.

KPFK Interview re The Nobel Prize in Economics

  Sonali Kolhatkar of Uprising Pacifica Radio KPFK in Los Angeles discusses the Nobel Prize that was just awarded in Economics to Alvin Roth and Lloyd Shapley with Professor Wolff.

Economic Update: "Economic Myths in the News"

Updates on real-wage decline 2010-2012, more on Walmart, Greece's bailout benefits only banks. Major discussions of small versus big business in US and of role of state in the US economy. Response to questions on transitional paths from capitalist to workers self-directed enterprises.

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.

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