Professor Richard Wolff's Economic Update: Capitalism and Its Costs

Originally Published on March 2, 2014
Listen to the Original podcast on Truth-Out.org: http://www.truth-out.org/news/item/22...
Professor Wolff's podcast page: http://www.rdwolff.com/content/econom...

About Today's Podcast:
Updates on Delta Airlines changes, US millionaires in office, irrational student debt, and Rupert Murdoch's wealth. Major discussions of monopoly and competition in media industry, public employee pension economics, and Obama's economic significance. Response to question on actual movements today for worker coops in UK and US.

About Economic Update:
On Economic Update with Professor Richard Wolff, Wolff and guests will discuss the current state of the economy, both locally and globally in relation to the economic crisis.

Wolff will focus on wages, jobs, taxes, and debts - and on interest rates, prices, and profits. We aim to explain why certain economic changes are happening and other changes get postponed or blocked and we will explore alternative ways to organize enterprises, markets, and government policies. Economic Update is a weekly show for people who want to understand and change not only their own financial situation but also the larger economy we all depend on.