Richard Wolff On Detroit's Recovery And What It Means

Hey, haven't seen you around in a while.

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An excerpt from the "Economic Update", a weekly program hosted by Richard Wolff. Learn more: https://www.youtube.com/user/democracyatwrk

Full episode: https://www.youtube.com/watch?v=egJwyEjNWU4

Sources:
1) Detroit becomes largest U.S. city to enter bankruptcy
https://www.usatoday.com/story/news/nation/2013/12/03/detroit-bankruptcy-eligibility/3849833/

2) These Are the Poorest Cities in America
http://time.com/3581716/poorest-cities/

3) Detroit population rank is lowest since 1850
http://www.detroitnews.com/story/news/local/detroit-city/2016/05/19/detroit-population-rank-lowest-since/84574198/

4) U.S. Cities With The Highest Rate Of Vacant Homes
http://www.huffingtonpost.com/entry/cities-with-most-abandoned-houses-flint_us_56be4e9ae4b0c3c5505171e7?slideshow=true#gallery/56be9f5ee4b08ffac125714a/0

5) Finley: Top execs team up to fuel Detroit’s revival
http://www.detroitnews.com/story/opinion/columnists/nolan-finley/2017/06/01/finley-top-execs-team-fuel-detroits-revival/102407588/

6) Study: Detroit worst big city for childhood poverty
http://www.detroitnews.com/story/news/local/wayne-county/2015/02/18/detroit-childhood-poverty-ranking-kids-count-report/23657355/

7) In the 'other Detroit,' inequality and poverty are increasing
https://www.metrotimes.com/news-hits/archives/2016/11/23/in-the-other-detroit-inequality-and-poverty-in-detroit-are-increasing
Richard David Wolff is an American Marxian economist, well known for his work on Marxian economics, economic methodology, and class analysis. He is Professor of Economics Emeritus, University of Massachusetts, Amherst, and currently a Visiting Professor in the Graduate Program in International Affairs of the New School University in New York. Wolff has also taught economics at Yale University, City University of New York, University of Utah, University of Paris I (Sorbonne), and The Brecht Forum in New York City.

In 1988 he co-founded the journal Rethinking Marxism. In 2010, Wolff published Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It, also released as a DVD. He released three new books in 2012: Occupy the Economy: Challenging Capitalism, with David Barsamian (San Francisco: City Lights Books), Contending Economic Theories: Neoclassical, Keynesian, and Marxian, with Stephen Resnick (Cambridge, MA, and London: MIT University Press), and Democracy at Work (Chicago: Haymarket Books).

Thumbnail credit: Detroit Free Press

'Cause if I did, I'd have nothing to say.

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