2021-05-24 15:24:51

Economic Update: Labor & Capitalism's Rise & Fall

On this week's show, Prof. Wolff discusses Congress Bills H.R.51 giving statehood to Washington, DC, and H.R.1 countering GOP efforts to restrict voting; and Biden's tax reforms to help pay for new and expanded government programs. In the second half of the program, Wolff interviews Prof. Michael Hillard on the role of labor in the dramatic rise and fall of Maine's paper industry, a parable for the economic difficulties facing the US today.

**Economic Update with Richard D. Wolff is a @Democracy At Work production.

Economic Update with Richard D. Wolff takes complex economic issues and makes them understandable, empowering listeners with information to analyze not only their financial situation but the economy at large. 

By focusing on the economic dimensions of everyday life - wages, jobs, taxes, debts, interest rates, prices, and profits - the program explores alternative ways to organize markets and government policies.

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Congress Expanded Government Programs GOP H.R. 1 H.R. 51 Joe Biden Labor Maine Paper industry Prof. Michael Hillard Professor Wolff Republican Party Tax Reform Washington D.C.

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