On this week's episode of Economic Update, Professor Wolff provides updates on the shared significance of three major strikes: New York City nurses, San Francisco teachers, Kaiser Permanente health workers in California; the cause of U.S./European discord at the 63rd annual Munich Security Conference in Germany in February. The second half of today's show features an interview with a New York City psychotherapist on the social significance of the Jeffrey Epstein scandal.

The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so. You can support our work by joining our Patreon community: https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

This week on Economic Update, Professor Wolff provides an assessment of the first year of Trump's second term in office, covering how he inherited the problems of a declining empire and proved unable, or unwilling, to stop or reverse the decline, and how that flows in part from the ways the Republican and Democratic parties operate and in part from the difficult conditions both face. The results at the end of the first year are very poor for both parties.

The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so. You can support our work by joining our Patreon community: https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

This week on Economic Update, Professor Wolff delivers updates on U.K. PM Starmer's trade visit to China, the new head of the Federal Reserve, and the escalation of a general strike in Minneapolis and its spread across the U.S. as people gear up against government assaults on cities. In the second half, Professor Wolff interviews Professor Ray Madoff of Boston College Law School to discuss the flaws in the U.S. tax system and her new book, The Second Estate: How the Tax Code Made an American Aristocracy.

The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so. You can support our work by joining our Patreon community: https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info