2020-07-29 12:44:12
On this week's episode, Prof. Wolff presents updates on company cutting candy bar size but keeping the same price, Barcelona punishes landlords with empty apartments, Macy's closing stores while giving million dollar bonuses to top executives, IMF anti-Covid-19 funds used instead to pay off private loans, health insurer profits because people cannot afford and fear doctor and hospital visits, Amazon profits from the pandemic. In the second half of the show, Prof. Wolff interviews epidemiologist Rob Wallace on capitalist agriculture and viral pandemics.
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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