Class Analysis

Articles covering aspects of class analysis.

Economic Update: Yet More Big Bank Misdeeds

Updates on US sanctions against Putin aides, relative decline in US median disposable income, stunning "accounting error" by Bank of America, and clever manipulation of US regulators by 15 biggest US banks. Major discussions of declines in discount stores reflecting absence of mass recovery, successes and growth of worker coops in Spain's deep economic crisis. Response to listener question on reverse mortgages and declining quality of jobs in US.

Economic Update: Corporations, Wages and Jail

Updates on no growth in US, China overtakes US, costs of GM bailout, defeat of bill to raise minimum wage while Hawaii raises its minimum. Major discussions of Pfizer decision to relocate to UK, European Court supports Tobin (financial transactions) Tax  and the stunning economics of prisons and jails in the US.

Economic Update: Shameful Economics

Updates on Alabama prison/slave labor, automobile irrationalities, and the California drought. Major discussions of: cutting public employee pensions, cutting state support for public higher education, and lotteries as disguised taxes on middle and poor Americans. Responses to listener questions on the Federal Reserve "creating" money and why corporations operate overseas and then want government (taxpayers') support for corporations' foreign operations.

Beyond Piketty’s Capital: Richard Wolff Warns us Not to Band-Aid Capitalism

This audio originally appeared at WASHINGTON (VR)— Perhaps the biggest event in the intellectual history of the young twenty-first century is Thomas Piketty’s new treatise, Capital in the Twenty-First Century.

Interview with RoosterGNN: Is Capitalism Digging Its Own Grave?

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Economic Update: Culture and Economics

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Updates on public power in Nebraska, Earth Day, Coca Cola's misleading advertisement, closing hospitals. Interview on culture and economic crisis with musician and music professor John Halle. Responses to listener questions on B- corporations and on a Wall Street Sales Tax.

Economic Update: Tax Injustices

Please click on this link to stream or download the audio:   Updates on how inequality persists across generations, the nonsense of “taxes are job killers”, governor uses tax revenues to prevent unionization in a private enterprise. Major discussion of state and local taxes in the US, the economics of paying executives very high incomes, and the privatization of public services. Response to listener’s question on recent Medicare report on oversize payouts to doctors.

Why No Sustained Protests (Yet)?

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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)

Economic Update: Bankers and Presidents

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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.

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