Economic Update: Rising Labor, Faltering System

[S12 E36] Rising Labor, Faltering System

This week on Economic Update, Prof. Wolff talks about the prospects for a labor-union-worker co-op alliance; megacorp stock buybacks; why and how US/UK sanctions on Russia failed so far; the financial abuse of US retirees; and lastly, union popularity in US at 50-year high.

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SOURCES FOR SHOW SEGMENTS:
1. Alliance between labor unions and worker coops: https://www.history.com/topics/19th-c...
2. Stock buybacks:    • Stock Buybacks Are DESTROYING American Eco...  
3. US sanctions in Russia: https://markets.businessinsider.com/n...
4. Massachusetts retired teachers: http://massretirees.com/article/issue...
5. Labor union popularity: https://www.axios.com/newsletters/axi...
https://gothamist.com/news/progressiv...