Twin Crises of Housing and Homelessness
Economic Update with Richard D. Wolff
Democracy at Work
4.8 • 1.9K Ratings
🗓️ 6 May 2025
⏱️ 32 minutes
🧾️ Download transcript
Summary
On this week’s episode of Economic Update, Professor Wolff delivers updates on Trump VS Harvard, Trump's "antisemitism" maneuver, how higher education in the U.S. is becoming ever more " business-like,” and the economics behind the depreciation of the U.S. dollar since Jan 20, 2025. The show's second half features an interview with Mr. Rob Robinson, who is to be awarded an honorary doctorate from the City University of New York at its Commencement on June 10, 2025, in recognition of his multiple contributions in the fight against homelessness and inadequate housing in the U.S.
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Transcript
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| 0:00.0 | Welcome, friends to another edition of Economic Update, a weekly program devoted to the economic |
| 0:26.6 | dimensions of our lives and those of our children. |
| 0:30.3 | I'm your host, Richard Wolfe. |
| 0:34.1 | I want to begin today by reminding you that Charlie Fabian is a waiting word from you. |
| 0:40.5 | If you have suggestions or proposals for our programs, we welcome them. |
| 0:45.9 | You simply send them to Charlie.Info438 at gmail.com. |
| 0:53.9 | And likewise, a reminder that our book, Understanding Capitalism, is a companion |
| 0:59.7 | volume to this program. If you're interested in the analysis of how the capitalist system works, |
| 1:07.4 | which in shorthand is what we do here, then you can get much more depth to all of that |
| 1:14.3 | by looking at that book and reading it along with watching the program, and many have found |
| 1:20.3 | that useful, and that's partly why we wrote the book. And you can find out about it by going to |
| 1:26.3 | our website, Democracy at Work.Info slash books, |
| 1:31.3 | where information about it will be available to you. |
| 1:35.3 | In today's program, we're going to do several things. |
| 1:39.4 | We're going to take a look at the economics of the university around the struggle between President Trump on the one hand |
| 1:48.1 | and Harvard University on the other. We're then going to look at what has happened to the value |
| 1:54.3 | of the dollar in exchange between dollars and other currencies because it tells you a lot about the economic stresses |
| 2:03.7 | that are coming down on the United States more than ever. |
| 2:08.0 | And in the second half of our program, we'll be interviewing once again, we've had them |
| 2:12.3 | on the show before, Rob Robinson, an activist around homelessness who is in a position to talk about that issue |
| 2:22.6 | with us in the second half. And I think you'll find the program today particularly interesting. |
| 2:29.7 | So let's dive right in. A note of transparency. |
... |
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