This edition: A Deepening Crisis of Capitalism

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.
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