Economic Update: Ecology Co-Ops & Profit

[S11 E46] Ecology Co-Ops & Profit

On this week's show, Prof. Wolff presents updates on 50 years of fossil fuel corps putting profits before science, CVS to close 900 drugstores as part of decline of US workers living standards, FBI lies in Malcolm X assassination, and huge estate tax cuts for US rich. On the second half of the show, Prof. Wolff interviews Prof. Melissa Scanlan on her new book showing how coops are a better bet than traditional capitalist corporations to solve current ecological crises.

**Economic Update with Richard D. Wolff is a‪@democracyatwrk‬ production. We make it a point to provide the show free of ads. Please consider supporting our work. Become an EU patron on Patreon:   / economicupdate   and help us spread Prof. Wolff's message to a larger audience. Every donation counts!
A special thank you to our devoted EU Patreon community whose contributions make this show possible each week.
******************************************************************************************
About our guest: Melissa K. Scanlan holds the Lynde B. Uihlein Endowed Chair in Water Policy and directs the Center for Water Policy at the University of Wisconsin-Milwaukee’s School of Freshwater Sciences. She is a Professor in the School of Freshwater Sciences and affiliated faculty at University of Wisconsin’s Law School. Scanlan is the founder of a variety of enterprises in the social economy. Infused with clear vision and longevity, she raised millions of dollars to capitalize these enterprises and designed their governance documents, establishing the mission, purpose, and day to day direction. She brings a deep understanding of starting and stewarding enterprises to her scholarly work. The U.S. State Department awarded her a Fulbright Senior Scholar position in Spain in 2019 to pursue research about Spanish cooperatives that are sustainability leaders. This resulted in her book, Prosperity in the Fossil-Free Economy, which compares Spanish and U.S. cooperatives to reveal insights about legal design for the triple bottom line.

Links: For more information about the author and book, https://coopverde.wordpress.com/book/; yalebooks.com
******************************************************************************************
SUBSCRIBE: EU Podcast | Apple Podcasts | Google Podcasts | Spotify | iHeartRADIO

SUPPORT: Join our Patreon community at patreon.com/economicupdate or donate on our website at democracyatwork.info/donate

Follow us ONLINE:
Facebook:
  / economicupdate  
  / richarddwolff  
  / democracyatwrk  

Twitter:
  / profwolff  
  / democracyatwrk  
Instagram:   / democracyatwrk  

Shop our CO-OP made MERCH: https://democracy-at-work-shop.myshop...

Want to help us translate and transcribe our videos? Learn about joining our translation team: http://bit.ly/
******************************************************************************************
NEW 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff is now available at: https://www.lulu.com/

“Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.”

Check out all of d@w’s books: "The Sickness is the System," "Understanding Socialism," by Richard D. Wolff, and “Stuck Nation” by Bob Hennelly http://www.lulu.com/spotlight/democra...
******************************************************************************************
SOURCES FOR SHOW SEGMENTS
1. Fossil Fuel Companies: https://www.theguardian.com/environme...
2. CVS: https://www.cnn.com/2021/11/18/invest...
3. Malcolm X: https://www.manhattanda.org/full-rema...
4. Estate tax: https://www.cnbc.com/2021/09/29/heres...