Updates on tax issues: Panama Papers, corp tax rates, tax-avoiding “inversions” and Yale’s tax avoidance. Part 2 of interview with Dr. Harriet Fraad: capitalist efficiency produces human inefficiency and what to do about it.
Updates on China’s rising wages, lethal overdoses and economic crisis, courts worsen Puerto Rico’s crisis, moving jobs to Mexico, and Florida governor tries to help Yale evade taxes. Major discussions of minimum wage debates, workers without college degrees, and workers coops as key to doing better than capitalism.
Updates on top bankers’ pay, bad auto corps’ decisions, deflation, and socialist economics. Interview with Dr Harriet Fraad on capitalism and personal life.
Updates on FED decision, struggles over China trade and Brexit, and fascism. Major discussions: (1) critique of capitalists’ “job creation” and (2) why state support of worker coops is what capitalism got from states for centuries.
Updates on Europe’s new econ stimulus, French workers rally for job security, US airlines’ rip-off fees. Response to question about govt blame for economic crisis since 2008. Major discussions on what capitalist profit is and on the basic economics of our political party system.
Updates on injustice of Argentina’s default settlement, on Pope Francis’s rejection of “exploiters,” and on stagnating real median incomes in US. Major discussions of (1) what Sanders’s support proves about Occupy Wall Street, and (2) economics of fascism.
Updates on Citibank calls “Recession” for 2016, Robert Gordon’s new book “Rise and Fall of American growth, college students to Europe for free educations, drug and food companies profit at public’s expense, economics of presidential candidates, pension struggles heat up, and why China’s slowdown due to US/Euro/Japan economies. Major discussions of (1) US unemployment and (why profit motive yields economic decisions so often good for profits but bad for society.
Updates on Bloomberg’s money, negative interest rates, the oil market, Puerto Rico’s cruel sales tax, Fed Reserve governor supports breaking up banks ‘too big to fail,’ and Apple borrows despite its huge cash hoard. Response to listeners: converting capitalist into worker coop type enterprises. Major discussion: three alternative responses to the huge problems of capitalism today.
Updates on China achieves economic superpower status, profit produces drug scarcities, Ireland’s unjust austerity, millionaire tax in Massachusetts. Major discussions of self-destructive cut-backs in public higher education and the chaos of the monetary system (banks, Fed Reserve, etc.).
Updates on the economic significance of Sanders’ Iowa vote, Keynes on risks of revolution against capitalism, costs of oil market collapse. Interview with author Pete Dolack on lessons for today of past experiments in socialism.