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Economic Update - May 12th 2012

Updates on NY Mayor Bloomberg's veto of bill raising minimum wage, the economics of single-payer medical insurance, and major insurance companies' withholding of death benefit payments. Major part of program devoted to responding to listeners' questions and comments on (1) property tax exemptions for rich universities, (2) how to get economic system change, (3) causes of rise of financialization in modern capitalism, and (4) how economic conditions shape people's political activity.

Global Capitalism - May 2012 Monthly Update (audio)

  These 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.

Economic Democracy, Not Austerity or Keynesian "Growth"

appeared in Truthout.org May 10, 2012   Recent defeats of Dutch, Greek and French governing parties show rising opposition to their austerity policies. Across Europe and North America, similar oppositions mount. Bailing out large financial and other corporations with borrowed money has been the almost universal government plan for coping with global capitalist crisis. The result - rising government deficits and debts - was followed by "austerity policies" to reduce those deficits and debts.

Global Capitalism - May 2012 Monthly Update

 

These 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. We will examine topics such as

America's next generation - tale of 2 childhoods

Published on May 8, 2012 by RTAmerica

As 1 in 4 children in America struggle with hunger every day, there are also those who have extremely lavish lifestyles even at a young age. RT's Anastasia Churkina takes a look at the lives of the faces behind the statistics -- and what economic despair and extreme wealth of today mean for America's future.

Transcript of Glenn Beck Interview from May 2008

  Below is an excerpt of an interview with Glenn Beck from May 15th, 2008. We discussed, and agreed upon, the loop holes that allow Harvard and Yale to save millions each year by not paying taxes.   Transcript from CNN.com. "Palestinians Supporting Obama; Hypocrisy with Religion and Campaigns?; Polar Bears Declared a Threatened Species" Show aired May 15th, 2008.   BECK: "I wrote a column today on CNN.com about the top five college university endowments in America.

Economic Update online only for the month of May

  The weekly radio program, Economic Update will not air on WBAI for the month of May, but new shows will still be posted each Saturday here on the website and will be linked to the Facebook page. Shows will begin airing as regular in June.

Economic Update - Keynesian vs. Marxian Economics

Slightly different format divides today's program into two parts. Part 1 deals with how and why government take-over of private corporations need not be and often is not "socialism" and why it is often done to strengthen private capitalists.

Radical Economist Richard Wolff Has a Prescription for the Struggling Economy

  Our guest today is a professor emeritus of economics at the University of Massachusetts Richard Wolff. He's in high demand these days as a guest on radio and television see:. He and David Barsamian have written a new book called OCCUPY THE ECONOMY: CHALLENGING CAPITALISM. And he joins us now to talk about the recession, reviving the middle class, Wall Street and yesterday's May Day protests.   Listen to the show

On Thom Hartmann's Big Picture

  So what's the big picture to today's events? Yes, there's enormous wealth inequality. Yes, the economy still isn't producing wealth for the vast majority of us. Yes, there's Wall Street still making huge profits off screwing over customers. Yes, students are saddled with a trillion dollars in loans. But WHY is all of this happening? Absent of the political will to do this - how will it get done? Through mass rallies like we're seeing today? OR do things have to get really badHere with some answers is Prof.

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