Friday, October 08, 2021

Economic Update: Native Americans & American Socialists

 Native Americans & American Socialists

On this week's show, Prof. Wolff present updates on global supply chain slow-downs; student costs/debts in US, UK far higher than in most peer nations; FED adds inflation to the ways its policies worsen income and wealth inequalities; and lastly, higher gun sales and violence since 1990s despite the dramatic declines in violent crime rate. The second half of the show features an interview with Michelle Vassel (administrator of Wiyot tribe) and David Cobb (Director of Cooperation Humboldt) on their ongoing political collaborations. **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. ****************************************************************************************** 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... ****************************************************************************************** About our guests: Michelle Vassel serves as Tribal Administrator (CEO) of the Wiyot Tribe, who have lived in and cared for the land in and around Humboldt Bay in Northern California since time immemorial. Vassel plans, manages, and directs day-to-day operations of Tribal government. She was active in the historic return of Tuluwat Island and the fight to protect Tsakiyuwit (a sacred Wiyot location). She serves on the Board of Directors of Cooperation Humboldt. David Cobb is the Co-Coordinator of the US Solidarity Economy Network and the Executive Director of Cooperation Humboldt. He was the Green Party nominee for President in 2004, and played a major role in discrediting "Black Box Voting." ****************************************************************************************** SOURCES FOR SHOW SEGMENTS: 1. Global Supply Chain: https://www.bbc.com/news/business-582... - https://www.pppmag.com/article/2764 2. Student debt: https://www.earnest.com/blog/college-... - https://www.studentloanreview.com/col... - https://www.nitrocollege.com/research... 3. Inflation: https://www.washingtonpost.com/busine... - https://www.ers.usda.gov/data-product... - https://ycharts.com/indicators/us_inf... 4. Gun sales: https://www.nytimes.com/2021/03/16/up... - https://www.bbc.com/news/57581270 - https://en.wikipedia.org/wiki/Estimat..