Transcript
A (0:20)
Welcome friends to another edition of Economic Update, a weekly program devoted to the economic dimensions of our lives and and those of our children. I'm your host, Richard Wolff. I have, as usual, a few short announcements. First, I will be giving our Every Other Month Global Capitalism Live presentation in person at Women Building Up Their building in Brooklyn, New York this Wednesday, November 12th. Registration for the event ends on Wednesday and you can sign up on our website at www.democracyatwork.infoglobalcap. i urge you to come. It's an interesting evening, as much for the questions and conversation as for my presentation. Secondly, if you haven't already, please check our Democracy at Work where you'll find all kinds of interesting information, more and more more diverse than ever there for your inspection. I have to remind you also about the fake videos that are circulating, many of them having me or a likeness of me saying things I never have said, never would say. It's a real problem for us. We are struggling with lawyers and Google and so on to deal with it. And we appreciate your letting us know. But if you want to be sure it's really us, then please subscribe to our YouTube channel. Go to our website. These are the ways to be sure you're getting the genuine article. Charlie Fabian remains available if you're interested in communicating your suggestions to us. Charlie.info438mail.com I want to also thank Charlie, who does a lot of the labor union related research that I present here on this program. He's a wonderful addition to to our project. And finally, the book Understanding Capitalism remains as a kind of indispensable companion to this program in terms of going into the points made here in much greater detail and you can obviously inspect it at your leisure. Okay, let's jump into today's economic updates. My attention in recent days was caught by a poll put out by Axios and the Generation Lab that they work with a poll of American college students. And here's what caught my eye that they reported and it got quite a bit of press, so I'm sure you can find it if you're looking for it. Axios Generation Lab 67% of college students randomly polled say that they hold a positive or neutral association with the word socialism. 67%. What about the word capitalism? What percentage of the students have a positive or neutral association with the word capitalism? 40% 67 for socialism 40 for capitalism would be a very lopsided score in football, but it's also a very lopsided score in the world of how young College students are understanding and reacting to the world they now live in. The poll also reported on negative students. Excuse me, views. How many students have negative views of socialism? Wow. 23%. 1/4. How many have negative or neutral views of capitalism? 53%. Something big is changing among young and particularly young educated Americans. I want to take some time out to talk to you about a strike. In fact, two strikes, both of them in Canada. The first one and the one that I really want to make sure you know about is the strike of 51,000. That's a lot of people. 51,000 schoolteachers in the province of Alberta, represented by the Alberta Teachers association, working at all grade levels. They began a strike on 6 October. And they explained that they had been trying for months to get a pay that would catch them up to the actual inflation that had happened in that part of Canada in recent years. But the authorities were not willing to do it to get improvement in the conditions of education, with particular emphasis on capping the size of a classroom, how many students each teacher would have to attend to. Many other provinces, British Columbia, Ontario, Manitoba, Nova Scotia and Quebec have laws on the books putting caps on class size, but Alberta doesn't. They went on strike. They got enormous support from other unions, from the community, from the students who went out of the schools, who marched out in support of the teachers. The conservative right wing government found an obscure clause in the constitution there, the notwithstanding clause, it's called, and used it to order the teachers. This is the government now ordering the teachers back into the classroom at the end of October, or which the teachers did, but with the student support and the public support and the union support, they are now having conversations about calling a general strike. Across the province of Alberta, labor conflict is heating up all over the capitalist world. It's a sign of stress and breakdown. It is emboldening extreme right wingers like Danielle Smith in Alberta to take extraordinary government enforcement rather than working things out with teachers as is normally what is done. The whole Canadian postal system, which is a largely private system, is likewise on strike and has been for a very long time. If I had more time, I'd go into it, but I was struck with the drama being played out in Alberta. But the whole postal system is likewise striking in Canada. It's another sign that the government there is unable or unwilling to tax rich people and big corporations so that the society can work decently for everybody. And if you don't do that, if you don't pay folks properly, if you don't give them Appropriate working conditions. You got to expect that the courageous among them will push back. That's what we're watching. And I want everyone to see it, to know about it and to deal with it in the different ways that are available to us. I want to turn next to a remarkable election, but one that you may not have heard about. Katherine Connolly was just recently elected the new President of Ireland. Now let me remind those of you who may not be up on your statistics, Ireland is that remarkable country that has sent so many of its citizens over the last several centuries all around the world. So there are people of Irish descent, many more that live outside Ireland than live now in it. The country of Ireland has over 5 million people in it. There's a little corner in the north of that island that is still part of England. It has about 1, a little over 1 million people in it. But there are many, many more million people who think of themselves as Irish or of Irish descent all over the world, and particularly here in the United States, they're all paying attention. They are all clearly aware that Katherine Connolly is a left wing socialist and always has been a young woman brought into Irish politics to fight for what was an issue many years ago when she was a young person, when the issue was rent, the impossibility of working class people to get an apartment near where they work, the housing shortage, the inadequacy of dealing with that fundamental human need. Remember food, clothing, shelter, shelter, housing. And so she made that her business. She was elected with the support, let me read it to you. The enthusiastic support of the 100% redress movement, the Communist Party of Ireland, the Green Party, the Labour Party, People Before Profit, and Sinn Fein, among others. She's the left and she's the President of Ireland. My last segment for today is not directly about economics, although it certainly touches is my reaction as an American citizen to something that we all need to speak out about. And I am very sad that more of us are not doing it. As I sit here, over 57, those are the numbers I've counted. Over 57 people in small boats on either side of Latin America have been killed by the American military. We were told by our President and our Secretary of Defense, unless he's now called the Secretary of War, which they seem to have changed the name. We were told that these are drug traffickers and the boats have been called narco boats. We, the American military that we all support, we all pay the taxes to fund and so on, killed these 57 plus people. They were not arrested, although we could, we have a navy there. They were provided with no lawyers. They were presented with no evidence for them to examine and to argue against. There was no jury, there was no judge, and there was nothing but a summary execution. The government was the arrested, the jury, the judge, and it short circuited the whole thing. It simply killed them. We'll never know what the truth was, what was in the boat. And you know, here in the United States, when people are arrested who have something to do with the drug business, which does happen fairly often, you know what? It's not a capital crime. We don't execute people for that. Not here. And they do have the right to a lawyer and a jury and a judge and the right to confront their accuser. What are we doing? Those boats were thousands of miles away from the United States. They represented no threat to us at all. That was imminent and required execution. What kind of a government does this? And what does it mean if it gets away with it? We've come to the end of the first half of today's show. Please stay with us. We're going to have two remarkable union organizers talking with us in the second half of today's program. Before we jump into the second half of today's show, I wanted to thank you for your very generous response to our fundraising efforts this year and in particular in the last couple of months. And in part responding to that, we are extending the availability of our limited edition, linen covered hardcover version of Understanding Capitalism, the book I wrote and that we have been making available now for quite a while. If you are interested, I will be signing copies of that hardcover and they will be available to you as they have been over the last few weeks. Just simply send an email to us@infodemocracyatwork.info and put in the subject line limited edition. We will send you all the information you need to order and receive your copy, signed copy of Understanding Capitalism in its hardback. And thank you again for your kind attention to the fundraising dimension of what we do. Welcome, friends, and welcome back to the second half of today's Economic Update. I want to welcome to our microphones and our cameras Robert Ovitz and Kevin Van Meter. Robert Ovitz is a senior lecturer at a Bay Area university who teaches political science and graduate labor relations. Kevin is an author, instructor of labor education, and a union organizer. And I brought them to us because they have a lot of experience in these areas and we are finding which we are very happy about. More and more labor stories, strike stories, part of our programming and indeed at Some point. I'd love to go back and look at our 1215 year history now and see how much more labor material is now part of our regular programming. It tells you something about American history and not just American. Earlier this week I've been talking all over the place about the strike of the schoolteachers in Alberta, Canada, because that's a very important story as well. So let me begin. Let me begin with you, Robert. You talk a great bit about union organizing with a focus on what you call workers inquiry and class composition. Could you tell us a little bit about what you are doing and what those terms mean and why they are important?
