Economic Update: Is U.S. Capitalism In Decline?

Check out our latest book with Richard Wolff: "The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself" released in September 2020. https://www.democracyatwork.info/books We make it a point to provide the show free of ads. Please consider supporting our work. Become an EU patron on Patreon:   / economicupdate   [S9 E26] Is U.S. Capitalism In Decline? THIS WEEK'S TOPICS (w/timestamps): 00:52 - Updates on pay inequalities for CEOs VS average workers 03:03 - the economics of mega-mergers 06:52 - billionaires' idea of “charity” 09:31 - the economic consequences of attacking the Huawei Corporation 13:02 - and Sen. Bernie Sanders take the lead on two new bills in Congress designed to expand and provide loans to employee-owned businesses and worker co-ops 14:23 - announcements; 15:09 - SPECIAL GUEST: Prof. Wolff interviews Professor Richard McIntyre on the basic problems with U.S. capitalism today. Read the full transcript here: https://www.democracyatwork.info/eu_i... _______________________________________________________________________________________ Learn more about Prof Wolff's new book, "The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself" released in September 2020. Available as a paperback now! www.democracyatwork.info/books "Richard Wolff in his new book examines frightening and anti-democratic configurations of corporate power, offering not only a blueprint for how we got here, but a plan for how we will rescue ourselves and create new models of economic and political justice.” - Chris Hedges Check out Prof. Wolff's other books "Understanding Socialism" and "Understanding Marxism" http://www.lulu.com/spotlight/democra... _________________________________________________________________________________________ Follow us ONLINE: Patreon:   / economicupdate   Websites: http://www.democracyatwork.info/econo... http://www.rdwolff.com Facebook:   / economicupdate     / richarddwolff     / democracyatwrk   Twitter:   / profwolff     / democracyatwrk   Instagram:   / democracyatwrk   Subscribe to our podcast: http://economicupdate.libsyn.com Shop our Store: http://bit.ly/2JkxIfy ________________________________________________________________ Prof. Wolff's books with d@w: "Understanding Socialism" and "Understanding Marxism" http://www.lulu.com/spotlight/democra... Want to help us translate and transcribe our videos? Learn about joining our translation team: http://bit.ly/2J2uIHH Jump right in: http://bit.ly/2J3bEZR ________________________________________________________________ Dr. Richard McIntyre is Professor of Economics and chair of the Economics department at the University of Rhode Island where he is also co-director of the URI in Cuba program. He has lectured at many universities in the US and Europe including the University of Rennes II in Winter/Spring 2017 where he held the Chair of the Americas (Chaire des Amériques). He is the author of Are Worker Rights Human Rights? (Michigan 2008), co-editor of Knowledge, Class and Economics: Marxism without Guarantees (forthcoming, 2017), and the author of many academic and popular articles across a range of topics in political economy. ,