Check out the latest content from Democracy at Work.
New this week: Economic Update with Richard Wolff, Capitalism Hits Home with new co-host Julianna Forlano, All Things Co-op, Ask Prof Wolff, and Wolff Responds...
The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself by Prof Wolff is a unique collection of over 50 essays, that argues "returning to normal" no longer responds adequately to the accumulated problems of US capitalism. What is necessary, instead, is transition toward a new economic system that works for all of us.
The American worker is in bad shape this Labor Day 2020. In the labor day episode of Economic Update, Prof Wolff talks about the Federal Reserve's most recent pro-inflation policy that will continue to savage the working class. Labor journalist and guest Bob Hennelly reasons that the lack of response and militancy by unions to policies such as President Trump’s use of the Defense Production Act to force workers back to meat processing plants, is due to long standing issues within such organizations: corruption and lack of succession planning for bringing in new generations of leaders.
But amongst all the bad news, is there something to celebrate this Labor Day 2020? Both Prof Wolff and Bob Hennelly say “YES.”
A Labor Day message from Prof. Wolff.
"What should we celebrate on Labor Day 2020 when tens of millions of US workers are jobless, the desperately needed extra $600 per week unemployment compensation is being reduced, and millions of jobs will never return?..."