This week on Economic Update, Professor Wolff delivers updates on "regulatory capture" in the U.S. vs E.U., the IMF report on the U.S. economy finds major negatives and how Trump's desperation for re-election shapes his aggressive policies towards the Federal Reserve, China and Mexico.
In the second half of the show, Professor Wolff interviews John Duda from the Democracy Collaborative and one of the founders of Red Emma's Book store Coffeehouse, a 30-member worker cooperative in Baltimore.
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Prof. Wolff's latest book "Understanding Marxism"
John Duda is the Director of Communications at the Democracy Collaborative, a research and development lab for the democratic economy. In addition to his work at the Collaborative advancing systemic economic solutions that center democratic models of ownership and control, John has fifteen years of practical experience with worker cooperatives as a co-founder of Baltimore's Red Emma's, a worker cooperative bookstore and restaurant.