Economic Update: The System is the Problem

[S12 E22] The System is the Problem

In this week's show, Prof. Wolff talks about insurers defrauding pensions, record highway deaths, inflation and risk, interest rate rises, Massachusetts to vote on millionaires tax, Starbucks CEO as dictator, and Mitt Romney's sudden concern with "fairness" exposed.

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NEW 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff is now available at: https://www.lulu.com/

“Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.”

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SOURCES FOR SHOW SEGMENTS:
1. Pensions: https://www.cnn.com/2022/05/17/econom...
2. Highway deaths: https://www.axios.com/newsletters/axi...
https://www.axios.com/newsletters/axi...
3. Interest rates rising: https://www.cnn.com/2022/05/18/econom...
4. Rising food prices: https://nypost.com/2022/05/18/califor...
https://www.independent.co.uk/news/wo...
5. Massachusetts to vote on millionaires tax: https://inequality.org/great-divide/m...
6. Starbucks CEO as dictator: https://www.theguardian.com/business/...
7. Mitt Romney: https://www.independent.co.uk/news/wo...