Economic Update: Public Service Vs. Private Profit

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This week on Economic Update, Prof. Richard D. Wolff delivers updates on Economic Threats: Corbyn vs Morgan Stanley, cars for super-rich, information vs profit, Fed chair Powell's over-reach, why regulations are never enough, and corporate criminality. 

In the second half of the show, Professor Wolff interviews David Jette about public vs private banking. Watch it now! Go to patreon.com/economicupdate

 


Showing 3 comments

  • commented 2017-12-30 00:23:23 -0500
    Richard will you please increase the volume of your broadcasts? I can barely hear you even if there is no other noise going on where I am listening. Thank you. Chris Jonsson, Dallas, TX. I am a subscriber.
  • commented 2017-12-29 14:06:34 -0500
    In the first part of the show, you discussed Jerome Powell’s statement that there are no “too big to fail” banks. I was puzzled by this. Is he just stupid? Is he saying that he would not repeat a bailout no matter how big the banks are? So I tracked down some of the reporting. The missing piece is that he is representing the big banks’ interests by opposing regulation. I think it is important to make that clear.

    Thanks for a great show!
  • commented 2017-12-24 18:00:14 -0500
    A very good explanation of what a public bank is and how it can benefit the public i.e. us!.
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