Economic Update – Economics and Red States: Arlie Hochschild – 10.09.16

Updates on US workers’ productivity rising while wages flat since 2009, US corps evading taxes, Gallup Poll on poor US job picture, wealth of  billionaires enough, if redistributed, to change global economic conditions, rising corp debt problem. Major discussions of (1) ways and means of providing capital to worker coops, and (2) why technical “progress” excites capitalists and worries workers: the problem is capitalism.

 

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