Welcome friends to another edition of Economic Update, a weekly program devoted to the economic dimensions of our lives. And I’m your host Richard Wolff. Today we’re going to be talking about unionization at Trader Joe’s, about the lottery system and the economics of lotteries, about the extraordinary profits being raked in by the largest oil companies in the world, and an advertising campaign by Big Pharma that I want to alert you to. And in the second half we will have a wonderful interview, in my judgment, with Vijay Prashad about the fragility of global U.S power and what is happening as we live – the decline of that power.
So let me begin. Hadley, Massachusetts is a small community. But one that I’ve known well because it’s right next door to Amherst, Massachusetts, which is the location of the main campus of the University of Massachusetts, where I spent many years as a professor. So my attention was grabbed when I learned that the Trader Joe’s located
— source democracyatwork.info | Richard Wolff | Aug 15, 2022