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Economic Update: What Price Capitalism?

Richard D. Wolff gives an economic update on big banks’ manipulation of foreign exchange market; Ireland paying for bank bailouts; Big Pharma being guilty of ‘recklessly endangering health’; and more.

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Updates on big banks’ manipulation of foreign exchange market; Ireland pays for bank bailouts; Big Pharma guilty of “recklessly endangering health”; a new book on US poverty. Major discussions of economics education as Manchester University students protest; unemployment and falling share of labor in total national income. Response to frustrated listener’s question about obstacles to needed change with focus on de Blasio mayoral victory in New York; and Richmond, California mayor’s use of eminent domain.

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Visit Professor Wolff’s social movement project, democracyatwork.info.

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