On this week's show, Prof. Wolff talks about the Geneva, Switzerland vote that's raising the minimum wage to $25.16/hour or over $50k/year; GOP block federal aid to cities and states; economics of police brutality; 20th vs 21st century depressions; and lastly, how profit motivates capitalists to market fake, toxic hand sanitizers. On the second half of the program.
Wolff interviews John Samuelsen, International President of Transport Workers Union (TWU) in the US. About our guest: Transport Workers Union (TWU) International President John Samuelsen represents over 150,000 members across the airline,railroad, transit, universities, utilities, and services sectors.
Samuelsen, a former President of TWU Local 100 in New York City (the union’s largest local), he became the 10th President of the International on May 1, 2017.
A Brooklyn native, Samuelsen was hired by the New York City Transit Authority (NYCTA) in 1993 and was assigned to a subway track gang in Brooklyn.
By fighting hard ford for his fellow workers, he rose steadily through union ranks to his current leadership position. He still maintains an active public role in New York politics and advocates on behalf of all TWU members.
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.
Missed an episode? Check out Economic Update on FSTV VOD anytime or visit the show page for the latest clips.
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