Prospects for a Political Turn Left

Economic Update with Richard D. Wolff

Democracy at Work

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

4.8 • 1.9K Ratings

🗓️ 14 May 2024

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

[EU S14 E19] Prospects for a Political Turn Left

This week’s Economic Update Professor Richard Wolff discusses the successful unionization drives that is sweeping across US universities (example: Boston University), We highlight the facts that disprove Biden's "great economy" claims and why inflation is much worse in the United States than in China. Finally we have an exclusive Interview with Jared Yates Sexton, writer and political analyst, on prospects for a left turn in US politics.

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Transcript

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0:00.0	And the Welcome friends to another edition of Economic Update, a weekly program devoted to the economic dimensions of our lives and those of our children.
0:30.0	I'm your host Richard Wolf.
0:33.0	Before we begin today's show, as usual, I want to remind you of a volunteer, Charlie
0:39.0	Fabian, who has been working with us for quite a few months now, taking your comments, suggestions,
0:45.6	ideas for programmed segments that we can then develop into full-fledged segments to be presented to you.
0:54.1	If you have any such things, please convey them
0:57.8	to Charlie Fabian as follows.
1:00.9	Charlie. Charlie dot info 438 at gmail.com. Thank you.
1:18.0	Today's program is remarkable in many ways. It's going to start with a discussion of the organizing efforts across
1:26.0	American campuses. It's going to do a comparison of economic developments right
1:32.0	now in the United States and China, sort of an assessment of, if you like,
1:37.8	by dynamics. And then finally in the first half we will be talking about inflation, another problem we face
1:47.2	and what to understand about the causes and mechanisms of inflation. In the second half of the program we will present
1:56.0	again an interview with Jared Yates Sexton. He's been on the program before. Very perceptive analyst of American
2:06.8	political and cultural change and I want him to talk about very important questions about the future of the left in the United States, among others.
2:19.0	Good program, especially good, I think, and I think you'll find it that way as well. So let's jump right in.
2:28.0	Across the United States people these days are reading about encampments by students, particularly
2:35.8	those protesting the Israeli bombing and destruction of Gaza over the last several months, as I'm sure you're all familiar with.
2:48.1	But there has also been going on another very important movement among college students and
2:56.2	faculty that has gotten much less attention and it's that one that I want to
3:02.0	bring to your attention because it's that one that I want to bring to your attention because it's especially
3:05.1	about economics in ways you might not have understood or seen before. I'm going
	...

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