Economic Update: Is US Capitalism in Decline?

On this episode of Economic Update, Prof. Wolff presents updates on inequalities in pay for CEOs vs average workers; economics of mega-mergers; billionaires' idea of "charity;" economic consequences of attacking Huawei Corp; Bernie leads on two new bills in Congress to expand and provide loans to employee-owned businesses and worker coops. On the second half of the show, Prof. Wolff interviews Prof. Ric McIntyre on basic problems of US capitalism today.