The state of the unions (1995) | THINK TANK

Ben Wattenberg: Hello, I’m Ben Wattenberg. The recent AFL-CIO election brought new leaders to America’s labor movement. What happens next? Joining us to discuss the state of American labor are Albert Shanker, president of the American Federation of Teachers; Barry Bluestone, professor of political economy at the University of Massachusetts Continue Reading

Education and Training

THE CHOICE REALLY IS NOT BETWEEN AN AMERICAN SYSTEM WHICH PROVIDES ENORMOUS WAGE FLEXIBILITY, INCLUDING SOME VERY LOW WAGE JOBS AND LOW UNEMPLOYMENT ON THE ONE HAND, AND A EUROPEAN SYSTEM WITH A LOT OF WAGE RIGIDITY THAT PREVENTS WAGES FROM GOING VERY LOW BUT AS A RESULT HAS A Continue Reading

The story of the Paris Commune (1871)

In 1871 for a few months during the summer there was something unusual going on in Paris. A completely functional democratic commune was formed by the working people and they brought reforms that could still be considered revolutionary today. Anarchists, Marxists and other socialists worked together on this project which Continue Reading

Summary: The Middle-Class Squeeze (EiP)

So, to summarize, it appears that middle-class workers are getting squeezed, and middle-class families, due to changing technology and the leveling of the global economic landscape. Increasingly, education is important. But even a college education is getting to the point where it’s not enough to see your incomes rise, and Continue Reading

Middle Class Americans No Longer Majority

PEW RESEARCHED JUST DID AN ANALYSIS OF THE MIDDLE CLASS IN THE U.S. AND FOUND OUT THAT FOR THE FIRST TIME THE MIDDLE CLASS IS THE MINORITY IN THE U.S. IN THE BEGINNING OF 2015 120.8 MILLION ADULTS LIVING IN MIDDLE-CLASS HOMES COMPARED TO 121.3 MILLION AMERICANS LIVING IN LOWER Continue Reading

Economic Update: Corporate Capitalism in Decline [CLIP]

[WOLFF] Where in the broader picture, of what you see going on in the United States and beyond, is the problem of the economic system? What we talk about on this program? I thought my viewers and listeners would enjoy how it looks from another perspective. From yours, you have Continue Reading

Capitalism at a Crossroads

What do you think of when you hear the word capitalism? Stuff. Capitalism is essentially the only economic system around in the world today, and it’s at a bit of a crossroads. How it evolves will effect the lives of billions of people. There’s no exact moment when capitalism started. Continue Reading

Unions Destroy Democracy | Dr. Steven J. Allen

How many of the people in labor unions ever actually voted to join a labor union? You’d be surprised. This issue was raised recently by a fellow named Terry Bowman. Bowman has worked as an hourly employee for Ford Motor Company in Dearborn, Michigan for 20 years. Working for Ford Continue Reading

Socialism is the next Capitalism – Ending Hunger (cc)

One of the most contentious political issues on the American front in the last few years has been wealth redistribution. I’m sure you’ve heard about it. Wealth redistribution The notion that you have worked hard all your life, saving, putting up with all the crap that life had to offer Continue Reading

Is Full Employment Possible in Capitalism?

PAUL JAY: Welcome to The Real News Network. I’m Paul Jay in Baltimore. We’re continuing our series of interviews with Bob Pollin about his new book, Back to Full Employment. And he joins us again from Amherst, Massachusetts, where he is codirector and founder of the PERI institute. Thanks for Continue Reading