On this week's episode of Economic Update, Prof. Wolff provides updates on Corbyn's victory in UK, Uber drivers unionize, state retirement systems sued for threatening pensions, hard facts about US medical insurance. Interview with Arlie Hochschild on new book Strangers in Their Own Land: Anger and Mourning on the American Right and why she believes "bridges" between progressives and Tea Party folks are very possible.

Updates on declining US incomes, parental leave policies, rising medical deductibles, social security dependence, officials who take big, corp jobs. Interview with Peter Ranis author of Cooperatives Against Capitalism.

On this week's episode of Economic Update, Prof. Wolff, provides updates on dark money, Mylan drug scandal, air lines concentrating, capitalism and poor countries (India, China). On Labor Day: key facts, struggles, and issues.

US income inequality vs rest of world, Europe exposes Apple Corp's tax evasion; TTP and TTIP face rising opposition; even Martin Wolf sees capitalism's contradiction with democracy. Interview with Prof Ian Seda on Puerto Rico's economic/colonial crisis.

DESCRIPTION: Updates on Olympic economics, mass transit, productivity truths, labor weakness and political parties, golden parachutes, Tim Cook's thin 'patriotism," PG&E's crimes, the rich vs unions in politics.