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Economic Update: Ukraine & An Empire's Decline

Duration: 29:05Views: 194.4KLikes: 8.7KDate Created: Apr, 2022

Channel: Democracy At Work

Category: News & Politics

Tags: wealthincomecapitalworkyt:cc=onsocialismeconomydemocracylaborinequalitywageseconomicsrichard wolffjusticecapitalismpoverty

Description: [S12 E15] Ukraine & An Empire's Decline This week on Economic Update, Prof. Wolff discusses nurses’ suicides as results of our profit-driven healthcare, sanctions and their effect on inflation, US states where 40% of workers earn under $15/hr, and US corporate profits triple from 2008 to present. In the second half, Wolff talks with host and journalist Chris Hedges about Ukraine and the end of the US empire. **Economic Update with Richard D. Wolff is@Democracy At Work production. We make it a point to provide the show free of ads. Please consider supporting our work. Become an EU patron on Patreon: patreon.com/economicupdate and help us spread Prof. Wolff's message to a larger audience. Every donation counts! A special thank you to our devoted EU Patreon community whose contributions make this show possible each week. ****************************************************************************************** SUBSCRIBE: EU Podcast | Apple Podcasts | Google Podcasts | Spotify | iHeartRADIO SUPPORT: Join our Patreon community at patreon.com/economicupdate or donate on our website at democracyatwork.info/donate Follow us ONLINE: Facebook: facebook.com/EconomicUpdate facebook.com/RichardDWolff facebook.com/DemocracyatWrk Twitter: twitter.com/profwolff twitter.com/democracyatwrk Instagram: instagram.com/democracyatwrk DailyMotion: dailymotion.com/democracyatwrk Shop our CO-OP made MERCH: democracy-at-work-shop.myshopify.com Want to help us translate and transcribe our videos? Learn about joining our translation team: democracyatwork.info/getinvolved ****************************************************************************************** About our Guest: Chris Hedges is the author of 14 books, including several New York Times best sellers. He is also a Pulitzer Prize–winning journalist who was a foreign correspondent for fifteen years for The New York Times, where he served as the Middle East Bureau Chief and Balkan Bureau Chief for the paper. He is the host of The Chris Hedges Report and a columnist at ScheerPost. You can find him at chrishedges.substack.com ****************************************************************************************** NEW 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff is now available at: lulu.com “Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.” Check out all of d@w’s books: "The Sickness is the System," "Understanding Socialism," by Richard D. Wolff, and “Stuck Nation” by Bob Hennelly lulu.com/spotlight/democracyatwork ****************************************************************************************** SOURCES FOR SHOW SEGMENTS: - Nurses suicides: npr.org/sections/health-shots/2022/03/31/1088672446/a-nurses-death-raises-the-alarm-about-the-professions-mental-health-crisis - Canada and Russian sanctions: wsj.com/articles/as-trade-with-russia-halts-countries-turn-to-canada-11648558980?mod=itp_wsj&mod=djemITP_h - Workers earning under $15/hour: oxfamamerica.org/explore/countries/united-states/poverty-in-the-us/low-wage-map-2022/?stream=top - Corporate profits hit new high: axios.com/newsletters/axios-markets-d1b75fe1-7b46-499e-86d8-e0b76f1218be.html?chunk=2&utm_term=emshare#story2

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