4.8 • 1.9K Ratings
🗓️ 11 February 2025
⏱️ 31 minutes
🧾️ Download transcript
In this week's episode of Economic Update, Professor Richard Wolff delivers updates on the North Carolina union election at an Amazon warehouse, the deportation of immigrants, and the U.S. construction industry, a lesson in how capitalism installs new technology like A.I. and how it could be far better done. In the second half of this week's episode, Professor Wolff interviews Serena Martin, a formerly incarcerated social activist and executive director of New Hour for Women and Children.
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0:00.0 | Welcome, friends, to another edition of Economic Update, a weekly program devoted to the economic |
0:26.5 | dimensions of our lives and those of our children. I'm your host, Richard Wolfe. |
0:32.4 | We're going to be covering a number of topics today, organizing by workers at Amazon, |
0:39.8 | the construction industry and deporting immigrants, and finally a lesson in technology this |
0:47.3 | time devoted to artificial intelligence. |
0:51.9 | But as usual, before we jump in, three quick, short announcements. |
0:57.0 | One, I want to apologize for having made a mistake recently when I talked about the coincidence |
1:05.7 | of the inauguration of President Trump and the anniversary of Martin Luther King, where I spoke of the anniversary |
1:15.4 | being the anniversary of his assassination. |
1:19.1 | That was a mistake, and I do apologize. |
1:22.1 | It is in fact the anniversary of his birth. |
1:26.7 | The contrast between these two remains the point I was |
1:30.7 | trying to make, but I should be more accurate and I appreciate that many of you |
1:36.2 | wrote in to help me become more accurate. I also want to remind you that our new book, Understanding Capitalism, is a kind |
1:48.6 | of companion piece to this program, and I urge you to make use of it in that way. We'll |
1:55.6 | have a little bit more to say about our special edition copy later on in the program. |
2:03.8 | And finally, I want to remind you that Charlie is available to take your suggestions, which |
2:09.5 | you keep sending in and which are very useful to us, Charlie. |
2:15.3 | .info38 at gmail.com. |
2:20.3 | Okay, let's jump right in. |
2:24.3 | In Garner, North Carolina, that's part of the American South, |
2:30.3 | 4,300 Amazon warehouse workers are having an election to form a union. |
... |
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