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This edition: A Deepening Crisis of Capitalism

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Episode Details

This week on Economic Update, Prof. Wolff delivers updates on the IMF's prediction of slowing global growth, Bank of England warnings on accumulation of sub-prime debt, Nordhaus Nobel prize and market ideology, Dutch unions and others against corporate tax evasion, and signs of labor militancy in Marriott strike and profit-sharing demands of steelworkers. In the second half of the show, Professor Wolff interviews Chris Hedges on his latest book: America: The Farewell Tour.