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Economic Update with Richard D. Wolff

Breaking Up With Capitalism

Economic Update with Richard D. Wolff

Democracy at Work

Coops, Economics, Economy, Workercooperative, Capitalism, Politics, News, Government

4.81.9K Ratings

🗓️ 27 February 2024

⏱️ 29 minutes

🧾️ Download transcript

Summary

[EU S14 E08] Breaking Up With Capitalism

This week's episode of Economic Update hosted by Professor Richard Wolff, we discuss the Philadelphia University of the Arts Faculty Union and its struggles; we clarify what declining inflation does and does not mean; we answer the question: as to why sanctions fail. Finally we interview Essence Magazine's senior news & politics editor, author, and lawyer Malaika Jabali. We discuss her newly released book "It's Not You Its Capitalism".

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Transcript

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0:00.0

Welcome friends to another edition of Economic Update, a weekly program devoted to the

0:16.0

economic dimensions of our lives and those of our children. I'm your host Richard Wolf.

0:22.0

As usual I want to remind you of our I'm your host, Richard Wolf.

0:22.8

As usual, I want to remind you of our volunteer, Charlie Fabian,

0:27.0

who is ready and willing and able to take whatever suggestions,

0:30.8

comments you have that might help us construct the segments of this show each week.

0:37.7

You can reach Charlie at the following email address for these kinds of communications.

0:44.6

Charlie.

0:45.4

dot in full 438 at gmail.com.

1:00.3

Today's program is going to be talking about higher education in the city of

1:05.2

Philadelphia and really the crisis of American jobs that this story exposes in so dramatic a way.

1:14.8

We'll also have something to say about what's happening to inflation here in the United States

1:20.4

and a clue a further one as to why sanctions in international affairs such as those

1:27.0

the United States and Europe has in place against Russia why they don't work so

1:32.2

spectacularly. So very many interesting things and then in the

1:36.7

second half an interview with Malika Jabali with her remarkable new book, it's not you, it's capitalism.

1:47.0

Okay, let's begin.

1:49.0

I want a few moments of your time to talk to you about the Philadelphia University of the Arts.

1:55.0

Well right off the bat you know this is a story about a school of higher education, a university.

2:02.0

You know it's about an American city, a major city, Philadelphia.

2:07.1

But what is it about the University of the Arts in Philadelphia

2:11.0

that I want to talk to you about.

...

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