Economic Update
Labor Day and Abe Lincoln, Honoring Both Together
Sendetermin 10.09.2024 09:30 bis 10:00
On this week’s special Labor day episode of Economic Update, Professor Richard Wolff honors both Labor day and President Abraham Lincoln. President Lincoln once said in 1861 that "Labor is the superior of capital." Yet, capital in the United States has only two major political parties, the Republicans and the Democrats who both are currently advocating for capital over labor and essentially operating as a two-party monopoly excluding all others. In today's political discourse, Labor has no party advocating for what Lincoln once advocated. The injustice and inequality generated in and for society by capitalist economies is neither necessary nor welcome. A genuine labor party is the missing solution.
Information zur Sendereihe
Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst. He is currently a Visiting Professor in the Graduate Program in International Affairs of the New School University in New York. Wolff has also taught economics at Yale University, City University of New York, and the University of Paris I (Sorbonne).
Wolff has published many books and articles, both scholarly and popular. Most recently, in 2012, he published the books Democracy at Work: A Cure for Capitalism (Haymarket Books) and Contending Economic Theories: Neoclassical, Keynesian, and Marxian, with Stephen Resnick (Cambridge, MA, and London: MIT University Press). He writes regularly for Truthout.org.
He has been interviewed on The Charlie Rose Show, Up With Chris Hayes, Bill Maher’s Real Time, RT-TV, Amy Goodman’s Democracy Now!, Al Jazeera English, Thom Hartman, National Public Radio, Alternative Radio, and many other radio and TV programs in the United States and abroad. The New York Times Magazine named him “America’s most prominent Marxist economist.”
Email: programmrat@helsinki.at
Website: http://www.democracyatwork.info/