Economic Update- Debris From A Declining Empire

This week's episode of Economic Update hosted by Professor Richard Wolff, we discuss United Kingdom politician George Galloway's by-election victory, and the raised minimum wage in the UK. We will comment on Elon Musk's lawsuit against the NLRB, as Trader Joe's, Starbucks, and Amazon also join to ask the right-wing Supreme Court to gut regulation of business. We then look at US protectionism as the Biden administration raises tariffs on Chinese electric vehicles, in an attempt to keep Chinese EV's from US markets. Then in labor news, we discuss Starbucks’ negotiations with unions and how Michigan’s legislature killed its "right-to-work" law after 58 years.

Finally, we have an Interview with Richard RJ Eskow on the current decline of the “US Empire”. Richard RJ Eskow is a journalist and host of The Zero Hour. a syndicated radio and television program. A lead writer, speechwriter, and editor for Bernie Sanders’ 2016 campaign, he was also a featured columnist at The Huffington Post. He worked for years in the corporate world, with governments and with multinational organizations at the World Bank, specializing in healthcare financing, policy, and information technology.