The Economic Crisis

Articles about the recession and financial crisis that began in late 2007.

Capitalism Hits the Fan Movie

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.

Economic Update on WBAI Jan 28th, 2012

Updates on Obama's SOTU Speech, Apple's Chinese factories, declining US union membership, rising health plan costs, and UK moves to curtail executive salaries. Major analyses of the capitalist/socialism difference and why there is plenty of money now for needed public services, contrary to business and political claims. Responses to listener's comments on: the "sugar baby" industry, women holding families together, and differences among kinds of coops.

The Costs of Capitalism's Crisis: Who Will Pay?

 

Professor Richard Wolff details the problems of capitalism and urges our recognizing its obsolescence and replacing it with institutions that truly serve the people. Talk at Church of All Souls in New York City, January 24, 2012. Camera, audio: Joe Friendly

Richard Wolff Speaks at Occupy Marin - January 7th, 2012

Richard Wolff addresses Occupy Marin on January 7th, 2012 and discusses ideas such as imagining a democratic alternative to police evictions of Occupy encampments across America's cities and towns. What if the decision to evict or not had been made by referendum? Voters could have determined whether to continue the long overdue public debates over inequality, injustice and capitalism that were launched and sustained above all by the Occupy encampments.

Global Capitalism - A Monthly Update & Discussion (January 2012)

Basic prospects for the US economy in 2012 opened this month's update. Most attention focused on analyzing the two main problems now shaking European capitalism: (1) the financial and social costs and implications of European governments' debts and austerity programs aimed to alleviate those debts, and (2) conflicts over Greece's debts and default scenarios. Emphasis was placed on the impact of Europe's crises on the US economy in 2012.

Economic Update on WBAI Jan 14th, 2012

 

Updates on PEW polls on shifts to market economies in Lithuania, Ukraine and Russia; on US media consolidation into 6 giant companies; on bankruptcy of Jefferson County, Alabama. Analysis of (1) public enterprises in US and especially community owned-power companies, and (2) economic inefficiency of global capitalist competition (example: excess automobile capacity). Response to questions on Henry George and taxing rents and on growth of pornography.

Κατάληψη τώρα της παραγωγής!

Καθώς το κίνημα «Occupy» αναπτύσσεται, επιδιώκει λύσεις για τα οικονομικά και πολιτικά προβλή-ματα, τα εκθέτει και αντιτί&

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