Economic Update: The System is the Problem

[S12 E22] The System is the Problem In this week's show, Prof. Wolff talks about insurers defrauding pensions, record highway deaths, inflation and risk, interest rate rises, Massachusetts to vote on millionaires tax, Starbucks CEO as dictator, and Mitt Romney's sudden concern with "fairness" exposed. **Economic Update with Richard D. Wolff is‪@democracyatwrk‬ production. We make it a point to provide the show free of ads. Please consider supporting our work. Become an EU patron on Patreon:   / economicupdate   and help us spread Prof. Wolff's message to a larger audience. Every donation counts! A special thank you to our devoted EU Patreon community whose contributions make this show possible each week. ****************************************************************************************** SUBSCRIBE: EU Podcast | Apple Podcasts | Google Podcasts | Spotify | iHeartRADIO SUPPORT: Join our Patreon community at patreon.com/economicupdate or donate on our website at democracyatwork.info/donate Follow us ONLINE: Facebook:   / economicupdate     / richarddwolff     / democracyatwrk   Twitter:   / profwolff     / democracyatwrk   Instagram:   / democracyatwrk   DailyMotion: http://www.dailymotion.com/democracya... Shop our CO-OP made MERCH: https://democracy-at-work-shop.myshop... Want to help us translate and transcribe our videos? Learn about joining our translation team: https://www.democracyatwork.info/geti... ****************************************************************************************** NEW 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff is now available at: https://www.lulu.com/ “Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.” Check out all of d@w’s books: "The Sickness is the System," "Understanding Socialism," by Richard D. Wolff, and “Stuck Nation” by Bob Hennelly http://www.lulu.com/spotlight/democra... ****************************************************************************************** SOURCES FOR SHOW SEGMENTS: 1. Pensions: https://www.cnn.com/2022/05/17/econom... 2. Highway deaths: https://www.axios.com/newsletters/axi... https://www.axios.com/newsletters/axi... 3. Interest rates rising: https://www.cnn.com/2022/05/18/econom... 4. Rising food prices: https://nypost.com/2022/05/18/califor... https://www.independent.co.uk/news/wo... 5. Massachusetts to vote on millionaires tax: https://inequality.org/great-divide/m... 6. Starbucks CEO as dictator: https://www.theguardian.com/business/... 7. Mitt Romney: https://www.independent.co.uk/news/wo...