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Economic Update: The Immigration Issue and Capitalism

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This week: Updates on UK’s Liberal Democrats advocating serious reduction of wealth and income inequality; Sears CEO blames pensions for Sears’ problems; JP Morgan predicts next financial collapse in 2020; failure to deal with opioid crisis; G-20 meeting in Argentina evades real issues; Europeans clash with U.S. over trade with Iran; and a trivial SEC fine for Citigroup’s dishonesty with investors. Professor Wolff dives deep into the political economy of immigration as a right-wing issue and an effective left-wing response

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