Labor Vs Capital Struggle in US Intensifies
Economic Update with Richard D. Wolff
Democracy at Work
4.8 • 2.1K Ratings
🗓️ 11 June 2024
⏱️ 4 minutes
🧾️ Download transcript
Summary
In this week's Economic Update, Professor Richard Wolff discusses The Washington Post's exposure of the corporate rich sponsoring police repression against student protests and how Boeing rewards CEOs while it exhibits the airlines' worst safety record. In addition, the UAW loses union election as German capitalists and southern governors join forces to intimidate workers with job threats. Finally, we highlight why mass public transport is a better alternative to gas-powered vehicles than electric vehicles.
We end our show with an interview David Van Deusen, a socialist and leader of Vermont AFL-CIO.
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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 economic |
| 0:26.8 | dimensions of our lives and those of our children. |
| 0:30.7 | I'm your host, Richard Wolfe. |
| 0:33.6 | I want to remind you that we have a volunteer, Charlie, who's ready and willing to take your comments, your suggestions, for what you might like to see addressed on this program. You can reach them at Charlie.info-338 at gmail.com. or if you want, can also reach charlie via Twitter or now x |
| 0:58.7 | Twitter.com Charlie Fab's FABZ okay we're going to be talking today about |
| 1:09.6 | wealthy corporate rich people paying universities |
| 1:16.6 | and governments to come down on student protesters. |
| 1:22.6 | It's a remarkable story, and I want to build on a remarkable piece of reporting in the Washington Post. |
| 1:33.0 | I want to talk about the head of Boeing, the company that has had more safety disasters in the |
| 1:40.2 | last few years than anybody can remember any airline company having. |
| 1:45.6 | I want to talk briefly about the workers at Mercedes-Benz in Alabama, who voted against |
| 1:54.4 | being represented by the United Order Workers, and finally, about that old problem of private versus public transportation, and |
| 2:05.7 | why it's more important than the shift from gas cars to electric cars. Okay, let's jump right in. |
| 2:15.8 | A very few days ago, the Washington Post, and in case you're interested, the date exactly |
| 2:22.4 | May 16th, Washington Post, carried a story about a recording it had obtained of a WhatsApp |
| 2:33.5 | conversation among government officials and rich donors. |
| 2:44.2 | The rich donors were pressing the government officials to use police in universities. They were probably pressuring the university |
| 2:57.9 | authorities to do that too, to collaborate with the police, to crush student |
| 3:05.6 | protests, protests that were overwhelmingly peaceful, and that were directed |
| 3:12.4 | at a peace objective, namely a ceasefire in Gaza. |
| 3:19.7 | These peaceful demonstrators, demonstrating for peace, were then crushed, often violently, by police brought in. |
| 3:32.0 | But now we know from the Wall Street, sorry, from the Washington Post, |
... |
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