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Economic Update with Richard D. Wolff

Capitalism versus Marriage

Economic Update with Richard D. Wolff

Democracy at Work

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

4.81.9K Ratings

🗓️ 6 August 2024

⏱️ 32 minutes

🧾️ Download transcript

Summary

This week's episode features updates on the UK and French elections showing dramatic shifts to the left contradicting US mass media, US self-induced global economic isolation in pursuit of punishing countries doing business with China, Trump and Biden equally unwilling to solve Social Security's financial problems by taxing incomes of the rich as Congress could and should. Professor Wolff closes with an interview with Dr. Harriet Fraad on global declines in marriage and birth rates and those declines' connections to capitalism.

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Transcript

Click on a timestamp to play from that location

0:00.0

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

0:26.4

dimensions of our lives and those of our children.

0:30.0

I'm your host Richard Wolf.

0:32.8

I want to remind you that our really welcome volunteer, Charlie Fabian, is working to receive

0:40.3

any suggestions or comments you all have about programs we might design for the future.

0:47.6

You can reach him at Charlie. info438 at gmail.com

0:55.7

Charlie dot info 438 at gmail dot com.

1:08.7

We're gonna to talk today about the remarkable elections in France and Britain and what they mean for us here in the United States and globally.

1:13.0

We're going to talk about the United States imposing

1:18.0

restrictions on trade with Mexico

1:21.0

and why that's a global issue too.

1:23.6

And finally, we're going to compare Trump and Biden

1:28.6

on the question of Social Security funding

1:31.6

and what the conditions are that people all to worry about in

1:34.8

terms of future benefits that are supposed to come to masses, millions of Americans,

1:41.1

but may in fact not be there.

1:44.6

And then we'll have the second part of the program devoted to Dr. Harriet Fraud talking

1:50.0

about the radical changes in marriage and birth rates in the United States, but also globally,

1:57.1

as the economic condition of women radically alters, and that of course touches all of us in multiple ways. So let's get

2:06.8

started. A story about the elections that took place in July, France and in Britain is of course complicated by the

2:17.4

fact that for many in the world outside of those countries or at least outside of

2:22.0

Europe are not aware of those details

...

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