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Economic Update with Richard D. Wolff

Today's Class Struggles with Chris Hedges

Economic Update with Richard D. Wolff

Democracy at Work

Politics, News, Government

4.82.1K Ratings

🗓️ 26 July 2023

⏱️ 29 minutes

🧾️ Download transcript

Summary

THANK YOU FOR YOUR UNDERSTANDING, YOUR PATIENCE, YOUR KINDNESSES, CONCERNS, QUESTIONS, DEVOTION, YOUR SOLIDARITY & MOST IMPORTANTLY,

THANK YOU FOR YOUR SUPPORT.

IT HAS MEANT MORE THAN WE CAN SAY OVER THE PAST COUPLE OF MONTHS THAT WERE RIFE WITH TRIALS & TRIBULATION, BETRAYAL & HEARTACHE, BUT WE CONTINUE TO GET CLOSER TO WHERE WE WERE WITH EVERYDAY THANKS IN LARGE PART TO YOU, OUR FAMILY, OUR FRIENDS & THOSE WHO SUPPORT US STILL.

If you haven't already, connect with us for the latest news from d@w by going to our website:

https://www.democracyatwork.info

There you will begin to see bits & pieces of the old @w as well as a few peeks into some of the exciting new things taking shape as a better version of d@w is on the horizon and we're sure you will enjoy.

And don't forget to sign up for our newsletter so you won't miss any of the rollouts we have planned and here's a wink wink hint - Prof. Wolff's newest book is hitting the presses super soon and will be for sale before you know it.

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[EU S13 E25] Today's Class Struggles with Chris Hedges

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Updates on US small/medium businesses converting to worker coops, strikes at west coast ports and UPS, an employer uses fake priest to get workers' confessions for employers' use, Delaware allows businesses to vote in local elections (alongside individuals). Interview Chris Hedges on class struggles here and now.

Economic Update with Richard D. Wolff is a @democracyatwrk production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so. You can support our work by joining our Patreon community:

https://www.patreon.com/democracyatwork

Every donation counts and helps us spread Prof. Wolff's message to a larger audience.

Also, a sincere apology for the continued spotty releases of Economic Update. We're ironing out the last remaining wrinkles and should be back(ish) by mid-August.

Thank you all again, and we'll speak to you next week.

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

0:15.4

economic dimensions of our lives and those of our children.

0:19.5

I'm your host, Richard Wolf.

0:21.9

In today's program, we're going to be talking about small business owners converting their

0:27.7

businesses into worker co-ops.

0:29.8

We're going to talk about strikes, longshoremen on the west coast.

0:34.4

Their strike is over, UPS, their strike is on the agenda.

0:38.4

We're going to talk about class struggles all over the place in the United States as

0:43.8

a reminder that they're never not present.

0:47.7

They may be below the surface and if so, they're bubbling to get to the top as we will

0:52.6

look at.

0:53.6

And in the second half of today's program, we will be interviewing a frequent guest, Chris

0:59.2

Hedges, in terms of how he sees the evolution situation here in the United States right now.

1:07.6

So let's get right to it.

1:09.5

I begin with a story that was published in the Boston Globe, the number one newspaper

1:15.1

in the state of Massachusetts, and indeed in much of New England.

1:19.2

On the 14th of June, a reporter named Dana Gerber told a story that is old but has some

1:26.2

new twists.

1:27.2

Here's the old part.

1:29.4

As our population ages, there are tens of thousands of small and medium-sized businesses

1:36.9

whose owners built them up usually from modest beginnings, but are now interested in retiring

1:44.0

and wondering what to do with their business that has 20 workers or 50 workers or 200

...

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