Economy and Psychology
This article originally appeared at Truth-out.
Curators of New York's City's annual arts festival called us a couple of months ago. Would we be interested in having a public discussion with the artist, Steve Lamber, whose work was a major part of this year's festival? The festival's title is "Crossing the Line 2013," and Lambert's ;arge neon-lighted installation (9 feet by 20 by 7 feet) says "Capitalism Works for Me." Observers can respond by pressing either a "True" or "False" button.
Updates on Obamacare's "penalties," a Parisian suicide, neglect of community colleges, and how inequality worsens itself. Interview with psychotherapist Dr. Harriet Fraad on why US workers don't fight against their economic decline. Response to listener's question on how to prevent socialism from deforming into Stalinism.
On Economic Update with Professor Richard Wolff, Wolff and guests will discuss the current state of the economy, both locally and globally in relation to the economic crisis.
Richard Wolff on Capitalism’s Destructive Power
Richard Wolff’s smart, blunt talk about the crisis of capitalism on his first Moyers & Company appearance was so compelling and provocative, we asked him to return. This time, the economics expert answers questions sent in by our viewers, diving further into economic inequality, the limitations of industry regulation, and the widening gap between a booming stock market and a population that increasingly lives in poverty.
More important than pathologizing the individual who killed is the task of evaluating the social and psychological conditions - changeable by collective action - that can explain why his frustrations and failures should take such a violent turn against others. In other words, why does the US have more such violent, gun-using explosions of extreme personal upset than most other advanced countries combined?
This evening will also launch Wolff's latest book, Democracy at Work: A Cure for Capitalism released September 1st, 2012 by Haymarket Publishers. He will gladly sign purchased copies.
Tickets will be $15 in advance and $20 at the door. All funds go to Democracyatwork.info.
Updates on grim US employment data released June 1, how Europe experiences global capitalist crisis differently in Greece, Spain and Germany, and how "parental leave" in US jobs lags all other advanced countries. Interview Dr Harriet Fraad on fast increase of US adults living alone: causes and consequences economically and psychologically. Responses to questions on Spain, US student debt, economic collapse.