Transcript
A (0:20)
Welcome, friends, to another edition of Economic Update, a weekly program devoted to the economic dimensions of our lives, the and those of our children. I'm your host, Richard Wolff. As I did last week, I want to begin with a special announcement. I want to thank all of you for the support you've shown us. The suggestions, the emails, the ideas for programs. They've been remarkable. Charlie Fabian and I talk about them and we're really pleased with the level of engagement and the substantive suggestions you've made this time. I want to talk to you, however, and thank you for the financial support that you have given us. We try very hard not to bother you with financial requests. We do not monetize the vast bulk of what we do. We prefer to rely on small contributions from people who care, who listen, and particularly who make use in one way or another of what we pour our souls into here. We're very proud. As we look back on the year of what we were done, we started a new substack and I urge you to take a look at it, democracyatwork.substack.com where you can see a growing list of contributors. Our team is expanding and expanding quickly, as is all of the kind of political analytical work on this end of the political spectrum that you've come to notice, I'm sure, as we have all around us. We have an enormous list of things we're doing and planning to grow. Our book publishing, with many book titles coming down in various stages beyond those we've already published, the classes we run, the events we host, and a whole bunch more of enormous, important expansions of our work. But we do require financial support to keep all of this going and to do the expansion that we've got scheduled. We estimate a shortfall for the rest of this year, about 27.
A (2:48)
And that's the immediate goal we have in asking you to think about it. Last week was so called Giving Week, so we're a week into that. But we want to make this appeal, tell you exactly what we're going to use it for the expansion of what we've been doing so that if you can afford it and if you like what we do and are happy to see us doing it, make use of it, then a financial contribution at this time. You can do it easily by going to our website, democracyatwork.info we will be eternally grateful and we will be able to do even more in the future than we have so far achieved. Thank you in advance for whatever you can donate. All right, let's jump right into Today's program, without any more preliminaries, a struggle is going on inside a major American union. And I want to tell you about it, even though I'll focus on this union, the Teamsters union, because these kinds of struggles are already happening in many other unions and they will be happening in even more unions, and they don't get the coverage they deserve. Unions rarely do in our capitalist system, and that should surprise no one. So it's up to us to make up for the failure of mainstream media to cover something so important. And the Teamsters, I chose them because they are a big union, because they are national in scope. Everybody knows something about them or has some connection to them. Okay, here's what's being fought out right now as we speak, and it will for the rest of this year and into 2026. The President of the International Brotherhood of Teamsters, a man named Sean o', Brien, will be facing a challenge when he attempts to be re elected the president in 2026. A slate of candidates angered at Sean O' Brien's evolving relationship with with Donald Trump since 2024 has formed a coalition, a slate of their own, called Fearless 2026. They are opposing Sean O' Brien's entire slate of officers running for the reelection to top positions in the Brotherhood of Teamsters. The leader of this opposition, Richard Hooker Jr. Is the secretary, treasurer and principal officer of Teamsters Local 623 in Philadelphia, Pennsylvania. And here is the basic statement Mr. Hooker has made, and it summarizes pretty well what's going on here.
