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Economic Update with Richard D. Wolff

Persistent Homelessness: Capitalism's Housing Failures

Economic Update with Richard D. Wolff

Democracy at Work

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

4.81.9K Ratings

🗓️ 21 January 2025

⏱️ 30 minutes

🧾️ Download transcript

Summary

In this week's episode of Economic Update, Professor Wolff discusses updates on deep political corruption: the Illinois example, final statistics on the 2024 presidential election results did NOT give Trump any mandate, the Canadian government forcing 55,000 striking postal workers back to work despite massive worker opposition. Finally, we have an interview with housing advocate and activist, Rob Robinson (formerly un-housed) reporting on the global housing advocates' conferences in Spain and Brazil.

 

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Transcript

Click on a timestamp to play from that location

0:00.0

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

0:26.6

economic dimensions of our lives and those of our children.

0:31.2

I'm your host, Richard Wolfe.

0:35.0

Today's program will be interesting for a number of reasons.

0:39.8

We're going to talk about political party corruption at the highest levels.

0:45.6

Seems an appropriate topic at a time when one group of those fellows is leaving to be replaced

0:52.3

by another.

0:53.8

I'm going to bring you the results of the University of Florida Election Lab, which keeps

0:59.3

really precise records of what happens, who votes in this country and for whom.

1:05.9

And you may be surprised by what they're going to tell us about the just completed presidential election.

1:13.9

And then we're going to catch up with the strike of 55,000 postal workers in Canada,

1:22.0

what they achieved, what they didn't achieve, and what it means going forward, both for Canada, for postal workers

1:29.6

here in the United States who are facing similar problems and for the labor movement in

1:35.6

general.

1:37.2

Once we're done, we will have in the second half an interview with my good friend and frequent

1:43.0

guest on this show, Rob Robinson, an internationally renowned specialist in housing and the struggle of people for a decent, affordable place to live.

1:57.0

But as usual, I want to invite you to send us your thoughts about the program, your suggestions,

2:03.6

your questions. Send them as usual to our worker, volunteer, Charlie Fabian, who stands ready

2:12.6

to receive and respond to them. You can reach him at Charlie.info-438 at gmail.com.

2:23.9

And I also want to conclude these introductory remarks by reminding you of our newly released

2:29.9

book, Understanding Capitalism, available from our website, Democracy at Work.Info, a really fine

2:39.9

companion piece, if I say so myself, and I admit immodestly I am the author.

...

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