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Economic Update for August 27, 2017 | Richard D. Wolff

Capitalism critic (i.e., he’s a socialist!) and economist Prof. Richard D. Wolff provides economic analysis on the following topics:

  • Trump vs. large U.S. corporations.
  • Americans are dying younger.
  • Monsanto provides another horrific example of the ‘profit before people’ business model.
  • 1 in 7 New York City elementary school children will be homeless, at least part of the school year, in 2017.

To see the second half of this week’s episode, “Human Rights vs. U.S. Water Economics,” sign up as a patron on Patreon. I have not yet committed to being a Democracy at Work patron, but am considering it. Richard D. Wolff explains economics like no one else. You don’t need to take Wolff’s word as Gospel, but I encourage you to add his Economic Updates to your other economic information resources (if you haven’t already.)

Staunch capitalists? Don’t be afraid to listen to Wolff. You don’t need to hate capitalism to observe it’s weaknesses (e.g., ever-increasing inequality) and know that it can benefit from objective analysis and constructive criticism.

Be aware. Be objective.



About The Author

JoAnn Chateau

JoAnn Chateau likes progressive politics and loves the canines. She writes fiction about an alpha Bichon named Chester, and his friends–with a dash of humor and a dab of poli-sci. JoAnn worked professionally in the Psychology and Information Science fields. Retired now, she enjoys the creative life.

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