Updates on big bank misdeeds, internet provider monopoly, and social effects of unemployment. Critical analysis of proposal to break up big banks, capitalism and the tomato industry, and expose of real goals of austerity policies. Response to listeners with example of successful worker coop (WSDE), Union Cabs of Madison, WI., differences between ESOPs and WSDEs, and beginning of analysis of how WSDE's raise the capital they need to start and continue. More

Updates on big bank misdeeds, internet provider monopoly, and social effects of unemployment. Critical analysis of proposal to break up big banks, capitalism and the tomato industry, and expose of real goals of austerity policies. Response to listeners with example of successful worker coop (WSDE), Union Cabs of Madison, WI., differences between ESOPs and WSDEs, and beginning of analysis of how WSDE's raise the capital they need to start and continue. More

Updates on declining higher ed in US, rising unemployment for all education levels, big money in politics. Discussions of (1) last week's falling US GDP, rising unemployment and stock market peak, and (2) tragic scandals of profit-driven medical corporations. Replies to listeners on worker coops, whether Marx endorsed violence and worshipped government, and "real" capitalism fantasies. More

Updates on global capital's devastating moves and on the FED's huge recent expansion of the money supply. Interview with Prof. Jan Rehmann: a Gramscian analysis of the Occupy movement. Response to listeners (1) how transition to workers self-directed enterprises (WSDEs) would change education and (2) an example of WSDEs today, New Era Windows of Chicago. More

Updates on global capital’s devastating moves and on the FED’s huge recent expansion of the money supply. Interview with Prof. Jan Rehmann: a Gramscian analysis of the Occupy movement. Response to listeners (1) how transition to workers self-directed enterprises (WSDEs) would change education and (2) an  example of WSDEs today, New Era Windows of Chicago.... More

Updates on Gerard Depardieu's individual tax evasion, corporate tax evasion via profit repatriation, worst CEOs of 2012, and phony DC "debt-ceiling" theatrics. Discussion of Swiss bank crimes, Keynesian vs Marxian economics, political turmoil in 2013, and criticism of markets. Response to question on new capital gains taxes. More

Updates on Gerard Depardieu’s individual tax evasion, corporate tax evasion via profit repatriation, worst CEOs of 2012, and phony DC “debt-ceiling” theatrics. Discussion of Swiss bank crimes, Keynesian vs Marxian economics, political turmoil in 2013, and criticism of markets. Response to question on new capital gains taxes. More

Trying a new format, we use the full hour to examine the two basic kinds of economic theory mostly widely used now to understand economic issues. On one side, the dominant mainstream theories ("neoclassical economics" and "Keynesian economics") celebrate the capitalist economic system. On the other side, Marxian economics is the dominant critical theory of capitalism whose premiss is that society can do better than capitalism. Today's discussion builds on R. Wolff and S. Resnick's new book, Contending Economic Theories: Neoclassical, Keynesian and Marxian (Cambridge, MA: MIT Press, 2012). More

Updates on how new US tax deal favors the rich, deepening student loan problems, and how 2012 benefited billionaires. Analysis of possible conversion from a war-oriented to a peace-oriented economy. Response to listener question on using workers' pension funds to change corporate behaviors. More

Updates and discussion of pensions and guns, fiscal cliff, charitable tax deductions, Mondragon, the environment, and prison economics. More