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[S13 E05] A Corporatized America with Chris Hedges
In this week's show, Prof. Wolff explains why capitalism does not deserve credit for improved living conditions, Home Depot billionaire blames US capitalism's problems on US workers being "lazy, fat, and stupid," Southwest Airlines as example of failures by both corporations and their gov't "regulators," George Santos as creature of capitalist advertising. In the second half of the show, Wolff interviews Chris Hedges on the crisis of corporate America in 2023.
Timestamps:
00:00 - 01:13: Intro
01:14 - 06:11 - Improved Living Conditions
06:12 - 09:07 - Bernie Marcus
09:08 - 13:47 - Southwest Airlines
13:48 - 14:35 - George Santos
14:36 - 15:45 - Announcements
15:46 - 30:01 - Interview with Chris Hedges
Economic Update with Richard D. Wolff is a @democracyatwrk production. We make it a point to provide the show free of ads. Please consider supporting our work. Join our Patreon community: / democracyatwork and help us spread Prof. Wolff's message to a larger audience. Every donation counts!
A special thank you to our devoted donor community whose contributions make this show possible each week.
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About our Guest: Chris Hedges is the author of 14 books, including several New York Times best sellers. He is also a Pulitzer Prize-winning journalist who was a foreign correspondent for fifteen years for The New York Times, where he served as the Middle East Bureau Chief and Balkan Bureau Chief for the paper. He is the host of The Chris Hedges Report and a columnist at ScheerPost. You can find him at chrishedges.substack.com
Links: chrishedges.substack.com
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Check out the 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff is now available at: www.lulu.com/
“Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.”
Check out all of d@w’s books: "The Sickness is the System," "Understanding Socialism," by Richard D. Wolff, and “Stuck Nation” by Bob Hennelly www.democracyatwork.info/books
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SOURCES FOR SHOW SEGMENTS:
1. Improved Living Conditions: www.ueunion.org/
2. Bernie Marcus, founder of Home Depot:
a. nypost.com/2022/12/29/home-de...
b. www.yahoo.com/news/home-depot...
3. Southwest Airlines: www.levernews.com/state-offic...
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