On Economic Update Professor Richard Wolff and guests discuss the current state of the economy, both locally and globally in relation to the economic crisis. This episode provides an update on the anniversary of Occupy Wall Street and how the movement has succesfully changed the American economy. The segment ends with an analysis of how the top 1 percent of Americans leverage the politically system against the bottom 99 percent to prevent them from gaining back the wages they lost in the economic system.
Economic Update: Economic Crisis DeepeningMonday, 24 September 2012 09:13 By Richard D Wolff, Economic Update/Truthout | Economic Update
Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst where he taught economics from 1973 to 2008. He is currently a Visiting Professor in the Graduate Program in International Affairs of the New School University, New York City. He also teaches classes regularly at the Brecht Forum in Manhattan. Earlier he taught economics at Yale University (1967-1969) and at the City College of the City University of New York (1969-1973). In 1994, he was a Visiting Professor of Economics at the University of Paris (France), I (Sorbonne). His work is available at rdwolff.com and at democracyatwork.info.
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