Economic Update: Convention Economics
Economic Update with Richard D. Wolff · Democracy at Work
July 25, 201658m 14s
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Show Notes
On this week's episode of Economic Update, Prof. Wolff provides updates on platform contradictions, the VW scandal, CEOs pay explosion, Italian banks crisis, scary US auto loans. Major discussions: economics of lotteries, when profit decides who gets mortgages, and why 21st century socialism makes worker cooperatives the basic production institution.