The Economic Crisis
Articles about the recession and financial crisis that began in late 2007.
Watch as Professor Richard Wolff breaks down the root causes of today's economic crisis, showing how it was decades in the making and in fact reflects seismic failures within the structures of American-style capitalism itself. Wolff traces the source of the economic crisis to the 1970s, when wages began to stagnate and American workers were forced into a dysfunctional spiral of borrowing and debt that ultimately exploded in the mortgage meltdown.
Updates on Walmart shifts medical insurance costs onto US, payday loans, US child poverty, Obama versus workers' needs, profits and death from opioids. Major discussions of medical-industrial complex, manufacturing "renaissance" fantasy, and "socialism's" different meanings. Response to listeners on remarkable economics of US securities industry.
Aljazeera America interviews Professor Wolff on Income and Wealth Inequality
The Otterbein University Department of History and Political Science Speaker Series presents Richard D. Wolff on "Our Economic Futures: Can Democracy Cure Capitalism?"
How did we get in this mess? Economist Richard Wolff joins Occupy Radio to give us the low-down and dirty on how the US economy tanked . . . at least for the 99%. But it's not all downhill from here; Worker Self-Directed Enterprises hold the key to radical transformation of our businesses, society, and lives!