4.8 • 1.9K Ratings
🗓️ 14 January 2025
⏱️ 31 minutes
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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. |
0:30.5 | I'm your host, Richard Wolfe. |
0:33.7 | I want to remind you as usual that Charlie Fabian stands ready for your suggestions, |
0:40.3 | programmatic ideas, and so on. Please contact him as usual at Charlie.Info-438 at gmail.com. |
0:52.3 | I also want to remind you that a companion book to these programs every week |
0:59.3 | is called understanding capitalism. I wrote it to work with the programs that we present |
1:06.6 | each week, giving you a kind of condensed overview of capitalism so that it provides extra |
1:15.8 | material beyond what we do on particular topics each week. You can find out all you need |
1:23.3 | to know about the book at our website, Democracy at Work.info. |
1:29.3 | Today's program is going to be talking about a proposal by Senator Elizabeth Warren. |
1:36.3 | We're going to look at Elon Musk's notion of what homelessness means. |
1:42.3 | It's kind of a Christmas special you can say if you're given |
1:47.3 | to that kind of dark humor. And I'm going to look at the thoughts of Mitch McConnell as he passes |
1:56.0 | from the scene. We will then interview a young economics professor from Bucknell University in Pennsylvania |
2:05.4 | talking about Marxian economics, what it is, why he's drawn to it, and what its future |
2:12.2 | is likely to be. |
2:13.9 | I think it's a good program. |
2:15.8 | I think you'll find a lot in it to think about. So let's jump right in. |
2:20.3 | Elizabeth Warren is one of my favorite senators. How could it be otherwise? She is on the progressive end of the spectrum, often at the very end of it, along with her neighbor, Bernie Sanders, and |
2:37.7 | a very few others. And she has recently done the kind of thing she has done before, and that |
2:44.6 | gets her that reputation. She's introduced a bill called the Accountable Capitalism Act into the U.S. Senate where |
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