The Terminal Crises of Global Capitalism

Economic Update with Richard D. Wolff

English - November 17, 2022 05:00 - 29 minutes - 66.4 MB - ★★★★★ - 1.8K ratings
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Previous Episode: Nomi Prins on the Distorted US Financial System

Next Episode: Persuasion vs. Polarization

Join d@w for virtual event Marxism For This Moment: A Conversation with Richard Wolff & David Harvey on Friday, November 18th at 1pm ET (New York, UTC-4).

Buy your tickets here: https://www.democracyatwork.info/marxism_for_this_moment_richard_wolff_david_harvey

**If you cannot make the live event but want to support d@w, consider purchasing a ticket anyway and we will send you access to the event recording.

In this week's show, Prof. Wolff presents updates on students' solidarity with workers at Smith College; US car industry manipulates supply/demand to inflate prices, profits; Teamsters strike, solidarity defeat Sysco Systems; Starbucks provokes its 250 unionized stores, and why rising wages do not "cause" inflation. In the second half of the show, Wolff interviews Prof. William I. Robinson on global capitalism and its multiple crises he calls "terminal."