Economic Update on WBAI Nov 26
Updates covered rise in corporate profits versus fall in wages and salaries as % of GDP over last 50 years, economics of US military buildup in Asia, rising European governments' debts and interest costs, Newt Gingrich's lobbying income, and campaign to cancel student debt. Detailed analysis of European economic crisis and risk of dissolution of the European Union because of uneven/unequal capitalist economic development. Response to question about workers' self-directed enterprises if they function in a market economy.
WBAI Economic Update November 26th, 2011
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