Democracy at Work: Economic Update - Instability, Capitalism's Constant
In this week's Economic Update, Prof. Wolff presents updates on the Twitter-Musk scandals, critique of profit as return to risk, mass European union-led strikes against inflation, economic crisis of 54 poorest nations today, US General Assembly vote against US embargo (sanctions) against Cuba, and an analysis of crypto-currency collapse.
*In this episode, we say 500,000 nurses went on strike from the Royal College of Nursing. After votes, approximately 100,000 members went on strike, although the union represents around 500,00 members.