Updates on European crisis (creative Spanish anti-austerity politics, Mondragon avoids worst of crisis, suicides in response to crisis), Chilean students' strike against privatized education as bad education. Interview with Jen Hill, co-founder of new social movement Democracy at Work - democracyatwork.info - explains nature and goals of economic transition to worker self-directed enterprises (WSDEs). Question answered on dominant US ideology that blames economic problems on the government.
On Economic Update with Professor Richard Wolff, Wolff and guests will discuss the current state of the economy, both locally and globally in relation to the economic crisis.
Wolff will focus on wages, jobs, taxes, and debts - and on interest rates, prices, and profits. We aim to explain why certain economic changes are happening and other changes get postponed or blocked and we will explore alternative ways to organize enterprises, markets, and government policies. Economic Update is a weekly show for people who want to understand and change not only their own financial situation but also the larger economy we all depend on.
To listen in live on Saturdays at noon, visit WBAI's Live Stream
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