Updates on grim US employment data released June 1, how Europe experiences global capitalist crisis differently in Greece, Spain and Germany, and how "parental leave" in US jobs lags all other advanced countries. Interview Dr Harriet Fraad on fast increase of US adults living alone: causes and consequences economically and psychologically. Responses to questions on Spain, US student debt, economic collapse.
Updates on Providence, RI cuts of retired city workers' pensions and tax exemption for Brown University; on joblessness and unemployment for recent college grads; and on the thriving communist mayor and town of Marinaleda, Spain. Major discussions of how and why enterprises buy political influence with examples from Hollywood producers and the ATT Corp. Responses to questions about the Tobin Tax on financial transactions and on how and why national debts have serious economic consequences.
Updates on impact of subprime mortgage abuses and economic crisis on racial and ethnic minorities; on Japan's nationalization of the Tepco Corp., and mixed results of bailouts of GM and Chrysler. Major discussions of (1) why government take-overs of private enterprise are rarely "socialistic" and mostly pro-capitalist, and (2) the basic causes and cures for unemployment in capitalist economies. Responses to comments on decision-making in workers' self-directed enterprises and about "recovery" in the housing market.
This article originally appeared on the uprisingradio.org website.
This article originally appeared on radio station KBOO's website.
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.