Economic Update: "Inconvenient Economic Truths"

  Updates 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.

Radio Interview with Scott Harris on Counterpoint on WPKN


Click here to stream this interview from the WPKN Counterpoint archives

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

Economic Update: "Worker's Self-Directed Enterprises"


Updates on California's vote for tax hikes on the super rich, a public-funded museum sued for charging admission, and worker self-direction as a solution for the bankrupt Hostess bakery. Interview with political science professor Peter Ranis on workers' coops in Argentina, Cuba, and the US. Response to questions on why corporations and the rich prefer austerity as policy in capitalist downturns.

Contending Economic Theories: Differences Matter

This article originally appeared in The Montreal Review   "At a time when the world is in an economic tailspin, confusion over the 'dismal science' has never been more pronounced.

Economic Update: "Capitalism's Costly Uneven Development: Detroit"

  Updates on politicians' big business incomes after their government jobs and the debate over social security. Interview with Prof David Fasenfest of Detroit's Wayne State University on causes and cures of Detroit's economic devastation. Responses to listeners on Britain's homeless and on controlling banks "too big to fail."     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.

Will EU nations turn over tax-and-spending sovereignty to Germany?

Riots have again erupted in Greece - as the Greeks continue to protest the austerity measures that are destroying their country. Is America out of the woods when it comes to austerity policies - or is there a chance Republicans will still force the crippling policies down our throats? Professor Wolff joins Thom Hartmann to weigh in.   

The Political Economy of Obama's Re-Election

The Right just suffered a defeat, the middle continues to weaken amid elusive economic recovery and the resurgent Left in Europe grows and strengthens. Many conditions for resurgence of OWS or its reincarnation are in place.   Capitalism's crises, especially when deep and long-lasting like today's, polarize its politics. Left and right are reinvigorated by improved opportunities to advance their respective economic agendas. The middle, long in power and deeply complicit with capitalism, gets blamed for the crisis and its social costs.

Global Capitalism - A Monthly Update & Discussion: November 2012

  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.

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.

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