Insecure Housing is a Social Crime
Economic Update with Richard D. Wolff
Democracy at Work
4.8 • 2.1K Ratings
🗓️ 29 September 2022
⏱️ 29 minutes
🧾️ Download transcript
Summary
In this week's show, Prof. Wolff talks about the large strikes in Seattle (teachers) and Minnesota (nurses), the significance of Sweden's big vote for ex-Nazi party, and how anti-Russia sanctions cause US electricity prices to rise at twice the inflation rate. In the second half, Wolff interviews Leilani Farha, global campaigner for housing as a human right and against the financialization of housing.
Transcript
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| 0:00.0 | Welcome, friends, to another edition of Economic Update, a weekly program devoted to the economic |
| 0:16.1 | dimensions of our lives and those of our children. I'm your host, Richard Wolfe. I want to begin today's show, |
| 0:24.4 | although I want to mention to you what else we're going to cover. I want to begin with some |
| 0:28.7 | union information and strike information. We're also going to be talking about the right-wing |
| 0:34.9 | shift in Sweden, the politics there, the return of Nazis and so on, |
| 0:39.8 | the rise in electricity prices here in the United States, Germany nationalizing energy |
| 0:46.4 | businesses, and the rising US dollars. So we have a lot to cover. Let me begin by |
| 0:52.4 | shouting out to the 6,000 Seattle public school teachers and their |
| 0:57.6 | strike and the 15,000 members of the Minnesota Nurses Association that also had a recent strike. |
| 1:07.2 | They're heroes, these men and women, that are going out on strike. |
| 1:11.9 | They're making it very clear that they're fighting in one case for decent public education |
| 1:17.5 | and in the other case for decent public health. |
| 1:20.4 | Yeah, they want better working conditions which they deserve, having gone through the |
| 1:25.6 | pandemic and worked in many cases under unspeakable |
| 1:29.7 | conditions, where they were told they were essential workers, but are now told not essential |
| 1:35.2 | enough to pay even a living wage. It's remarkable. But they're also fighting for basic |
| 1:41.6 | values of public health and public education for everyone. |
| 1:46.4 | They want these things done for the mass of our people, and it can and should have been done |
| 1:51.4 | by taxing the disproportionately rich. Labor is on the move in this country, and we're all the beneficiaries |
| 2:00.4 | of it. |
| 2:01.5 | So let me turn next to Sweden. |
| 2:03.5 | In a recent vote, the Swedish voters voted about 20%, one-fifth of them, for a far-right |
... |
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