Class Analysis

Articles covering aspects of class analysis.

Richard Wolff on The Real News Network: "Employment Upswing Not Here to Stay"

Professor Wolff on The Real News Network explains how the holiday season places folks in temporary, low-paid jobs that keep the economy in a fragile state.

Costs of Global Capitalism

The International Labor Organization (ILO) just released a report on December 5, 2014 (http://www.ilo.org/global/about-the-ilo/newsroom/news/WCMS_324645/lang--en/index.htm) sharply exposing what the development of global capitalism means and costs. Here are its key conclusions:

1. Real wage growth slowed again in 2013 (to 2% per year), remaining below pre-crisis rates of wage increase that averaged about 3%. 

Economic Update: Economics of Private Property

Updates on unpaid internships, extreme wealth, and economic perceptions. Response to listener questions on real economics of public pensions and of home refinancing. In depth analyses of private property and income and of economic regulation vs system change.

Economic Update: Capitalism's Personal Costs

Updates on Italy's general strike, opera economics, Miami baseball, and Argentina loans. Responses to listeners on economics of US children and on a new political party. Interview on personal and psychological costs of capitalism with Dr Harriet Fraad. 

Global Capitalism November 2014 Monthly Update

These programs begin with 30 minutes of short updates on important economic events of the last month. Then Wolff analyzes several major economic issues. For November 12th, these will include:

1. How the Absence of Economic Democracy Undermines Political Democracy

2. Economic Democracy and Revolution Inside Enterprises (Factories, Offices, Stores)

3. The Real Economics of Wages, Prices, and Profits

System Change, or There and Back Again: Capitalism, Socialism, Fascism

This article originally appeared at Truth-out.org

(Image: Puzzle building via Shutterstock)

Economic Update: Extreme Capitalism

Updates on low Irish taxes on corps, interns fight back, thriving opium, VW brings new  labor relations to US, big banks caught cheating again. Replies to questions on domestic outsourcing and democracy of workers self-directed enterprises. Major discussions of college sports, the business oligarchy in the US and forgiving countries' debts.

The Fall of the Berlin Wall and the Failures of Actually Existing Economic Systems

Pedestrians stroll past remnants of the Berlin Wall. (Photo: Das-A)

This article originally appeared at Truth-out.org

Economic Update: "Elections but no Democracy"

Updates on election results, Ebola, mortgage rules, China limits execs' pay, and whose got the wealth. Responses to listeners on changes at Costco, so-called "non-profits", why ever more billionaires, and Piketty's problem. Major topics discussed: election economics, child poverty, Capitalism and Democracy.

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