Economic Update: The Economics of Unemployment Today
About this episode
Professor Wolff discusses current strikes and analyzes the state of unemployment in America.
This week on Economic Update, Professor Wolff briefly discusses two current large strikes by workers fighting back: the British Columbia nurses in Canada and the commuter rail workers in New York (LIRR). The rest of today's episode is an analysis of the 7.4 million Americans who are unemployed today, the causes and effects of that unemployment, the irrationality of that unemployment, and the current failed "policies" to deal with it.
More episodes of Economic Update with Richard D. Wolff
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- Markets: Institutions Deeply In Need of Criticism
- U.S. Capitalism as a Crisis for Men
- Marx's Key Insight: Capitalism's Surplus
- Supermarket Jobs, Super Exploitation
- Lessons from China's Economic Development
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