[S11 E27] Capitalism's Shrinking Popularity On this week's show, Prof. Wolff discusses French voters abstaining (66%), and rejecting party establishments in the face of social crisis; Seattle City Council helps tenants with law changes as conservatives seek to recall progressive Council leader Sawan; growing US economic inequality cuts mass consumption and thus hurts US economy; June 2021 polls show capitalism losing, socialism gaining among US adults including Republicans; Washington Post columnist seeks to ban billionaires as bad for society. **Economic Update with Richard D. Wolff is a@Democracy At Work production. We make it a point to provide the show free of ads. Please consider supporting our work. Donate one time or become a monthly donor by visiting us at democracyatwork.info/donate or become a patron of Economic Update on Patreon: https://www.patreon.com/economicupdate. Your contributions help keep this content free and accessible to all. Now more than ever, sharing Prof. Wolff's message is critical. ****************************************************************************************** Learn more about d@w's NEW BOOK by award-winning print and broadcast journalist Robert "Bob" Hennelly. Stuck Nation: Can the United States Change Course on Our History of Choosing Profits Over People? at www.democracyatwork.info/books . “Hennelly brilliantly analyzes our capitalist crises and how individuals cope with them, tragically but often heroically. He helps us draw inspiration and realistic hope from how courageous Americans are facing and fixing a stuck nation.” - Richard D. Wolff ****************************************************************************************** Follow us ONLINE: Facebook: http://www.facebook.com/EconomicUpdate http://www.facebook.com/RichardDWolff http://www.facebook.com/DemocracyatWrk Twitter: http://twitter.com/profwolff http://twitter.com/democracyatwrk Instagram: http://instagram.com/democracyatwrk Shop our CO-OP made MERCH: https://democracy-at-work-shop.myshop... ****************************************************************************************** SOURCES FOR SHOW SEGMENTS: 1. Seattle’s new rent laws: - https://www.seattletimes.com/seattle-... - https://komonews.com/news/local/frust... 2. Consumer spending: - https://www.theguardian.com/commentis... 3. Support for socialism: - https://www.axios.com/newsletters/axi... - https://www.surveymonkey.com/curiosit... 4. Billionaires bad for society: - https://www.washingtonpost.com/opinio
