There's no one-to-one relationship with the money going to cops and what is happening in the streets, or in the criminal phase or aspects of our society... In the most recent year for which we have statistics, the total amount of money spent on policing in the United States was $115 billion. 115. Let me compare over the same period, how much money was given to the CDC, the Center for Disease Control? $11 billion.
How many people were killed in the United States by murder, criminal murder? Under 20,000. How many people have died this year already from the [Covid-19] disease? 300,000.
What are we doing? What are we doing spending the amount of money we're spending on policing relative to the amount of money we're spending to deal with something much more dangerous to us, namely this pandemic." - Richard Wolff
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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