Corporate Greed VS Labor: The Struggle Intensifies

Economic Update with Richard D. Wolff

Democracy at Work

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

4.8 • 1.9K Ratings

🗓️ 10 October 2023

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

We are excited to announce that this week's episode of Economic Update is the first episode we have been able to release in the same timeframe as we had been doing for years until the difficulties of this past spring. This means Economic Update is back to its regular programming schedule with a new episode released each Monday. We couldn't be happier, more relieved and more excited to get back to creating the show we all have known, needed and loved since 2011 and to celebrate, we're going to release a few batches of "binge-worthy" episodes you will only find here and on our website. More details to follow and the best to stay in the know and to find out when our batch of EUs are going to drop, go to our website: www.democracyatwork.info and sign up for our newsletter. Be sure to check in here frequently as well, make sure you are subscribed to our channel and as always, we thank for your attention, support and solidarity. The d@w Team

The d@w Team

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[ S13 E 36] Corporate Greed VS Labor: The Struggle Intensifies

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Updates on writers (WGA) strike, auto-workers (UAW) strike, failure of US Federal Reserve, US govt subsidizes private capitalists. Interview Pete Dolack on his new book "What Do We Need Bosses For? Toward Economic Democracy". Economic Update with Richard D. Wolff is a @democracyatwrk production.

We make it a point to provide the show free of ads and rely on viewer support to continue doing so. You can support our work by joining our Patreon community: https://www.patreon.com/democracyatwork Every donation counts and helps us spread Prof. Wolff's message to a larger audience.

Transcript

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0:00.0	Welcome friends to another edition of Economic Update, a weekly program devoted to the
0:15.7	economic dimensions of our lives and those of our children.
0:20.2	I'm your host, Richard Wolff.
0:23.3	As usual, I want to remind you that we have, luckily, a volunteer, Charlie, who is open
0:30.2	to and eager to get from you.
0:33.0	Any suggestions, clips, links that you think go to a topic that we ought to devote creating
0:40.6	a segment for that topic on this program.
0:44.8	Please inform Charlie at the following email, charlie.info438 at gmail.com, charlie.info438 at gmail.com.
1:01.4	In today's show, we're going to be talking about strikes like the writer's guild of America
1:08.0	and the United Auto Workers and what's at stake in those mammoth events.
1:13.8	One now completed, one underway as we talk.
1:18.2	We're going to talk about the Federal Reserve and what it succeeds and fails at.
1:23.7	And we're going to be talking about the government of the United States subsidizing private
1:28.3	enterprise in ways that might surprise you.
1:31.5	In the second half of the show, we will interview Pete Dolak, who's just released his
1:36.6	second book, What Do Borses Do.
1:40.8	We written as a title, What Do We Need Borses For?
1:47.2	And he gives a very good answer and explores it with us.
1:51.4	So let's jump right in.
1:53.3	The writer's guild of America recently concluded a strike that lasted 148 days since May of
2:02.2	this year.
2:03.6	They ended with a tentative agreement for a new three-year contract with the management
	...

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