1 rich Libsyn https://www.libsyn.com 90 600 On this week's episode of Economic Update, Prof. Wolff provides updates on platform contradictions, the VW scandal, CEOs pay explosion, Italian banks crisis, scary US auto loans. Major discussions: economics of lotteries, when profit decides who gets mortgages, and why 21st century socialism makes worker cooperatives the basic production institution. &amp;nbsp; Economic Update with Richard D. Wolff http://www.democracyatwork.info/economicupdate <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/4540073/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/content/12295775