This article originally appeared at www.truth-out.org
The organized post-1945 destruction of the New Deal coalition - unionists, socialists and communists - and the failure to replace those organizations help explain the muted reaction to the bailouts, austerity and other anti-democratic policies pursued by US governments at all levels.
May Day 2912 protests in Chicago. (Photo: get directly down / flickr)
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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.
Richard Wolff has emerged as one of the most prominent progressive economists in America. He appears on Free Speech TV, Link TV, and Pacifica Radio, and has been a repeat guest on Bill Moyers’s program, as well as appearing on Charlie Rose’s show.
Please click on this link to stream or download this week's broadcast: www.truth-out.org
Please click on this link to stream or download this week’s show: Truth-out.org
Professor Wolff joins Thom Hartmann. Joining the European Union has been a disaster for countries like Greece – Spain – and Ireland. Austerity cuts have decimated their already struggling economies. So why is Ukraine even THINKING of moving closer to joining the EU?
Please click on this link to stream or download this week's program: Truthout.org
Updates on the General Motors recall scandal; corporations' push for secret courts; the economics of marijuana; Radio Shack closings; and US workers leaving the labor force. Major discussions of the history and basics of the criticism of capitalism, and billionaires and extreme inequality as products of capitalism.
Professor Wolff examines what Obama did, did not do, and aims to do in the face of ongoing economic crisis. Other major topics include the attack on employee pensions and the growing interest – in New York, the U.S. and globally – in worker cooperatives as alternatives to capitalist enterprises.