Economic Update: When Stale Debates Distract

[S10 E09]

Direct Download

This week on Economic Update, Professor Wolff presents updates on how air-bnb reflects workers' falling living standards, price-gouging anti-virus masks, purpose of Trump's record deficit, end of Brexit distraction makes UK face its real problem: capitalism, and cause of San Diego's pension crisis. The second half of the show features a major discussion of the economics' centuries-old, #1 debate - more vs less govt economic intervention. That debate mostly distracts from the feared debate over capitalism vs really alternative systems.

**We make it a point to provide the show free of ads. Please consider supporting our work. Become an EU patron on Patreon: https://www.patreon.com/economicupdate

A special thank you to our devoted Patreon community whose contributions helped pay for the new EU backdrop. We hope you like it!  


Prof. Wolff's latest book "Understanding Socialism" is now available.  Click here to get your copy!

"Understanding Marxism" is also still available:

Paperback: http://bit.ly/2BH0lkL
Ebook: https://bit.ly/2K6iI8v

Want to help us translate and transcribe our videos?
Learn about joining our translation team: http://bit.ly/2J2uIHH
Jump right in: http://bit.ly/2J3bEZR

 


Showing 3 comments

  • Balraj Cheema
    commented 2020-03-29 19:04:00 -0400
    Very much so; even when the distraction is absent the corporate media takes few minutes to manufacture one and magnify it to the dimensions beyond belief. Media and money can work miracles these days.
  • Maria mania
    commented 2020-03-04 11:36:28 -0500
    So true. Thank you for your comment Marc!
  • Marc Hudgens
    commented 2020-03-03 16:24:36 -0500
    Indeed we’ve seen plenty of evidence that when America’s economy begins to seriously falter, out comes scads of distractions. In our case, impeachment (but as usual without removal from office), sexual predation (Jeffrey Epstein, Harvey Weinstein, many other Hollywood types), disease (coronavirus), tragic deaths that serve as a media feeding frenzy (Kobe Bryant). This in addition to the normal celebrity worship that never ends.
Please check your e-mail for a link to activate your account.

Become a Monthly

d@w

Supporter

Sign Up!

Upcoming Events

Richard Wolff at the NY City Bar Association: Preparations and Responses to Coronavirus In Different Countries

When: Jul 21, 2020 04:00—05:00PM

Where: Digital

What: Presented by New York City Bar Association

Global Capitalism: Live Economic Update

When: Sep 09, 2020 07:30—09:00PM

Where: Judson Memorial Church

View All Events

Follow Us


Facebook Friends:

Which of your Facebook friends have joined

d@w

Connect to Find Out:


patreon_promo-01.png