Richard Wolff: Detroit a "Spectacular Failure" of System that Redistributes Pay From Bottom to Top

[ErikJ]

[limpyhobbler]

1. Here's who should be a cabinet secretary or something.

This guy really understands the economy.

[99th_Monkey]

2. Richard Wolff rocks my world. BIG K & R!! eom

[Spitfire of ATJ]

3. Detroit has been seen for DECADES as a warning to other American Cities...

White Male run Corporate America will reduce your city to rubble if you elect a black mayor.

[Triana]

4. I also like this guy. He makes sense and he knows economics, which means...

...he'll probably never end up in Washington or over the Fed. He is driven by facts, data, well-known and proven economic theory - not ideological bullshit propaganda and Wall St. greed.

[fasttense]

5. Bail outs for banksters and corporations but nothing for American cities

Trickle down economics still limping along despite its proven failures.

[navarth]

6. Thank you for this post, I would have missed it.

I really need to check in on DemocracyNow! more often, it is such quality. One of the reasons I come to DU is because I will get word of information like this. I will share this with some local people who I think would benefit from it's perspective.

I think Wolff really gets it about my city being the 'extreme' example of something that's happening to the entire country. Thom Hartmann has referred to capitalism being 'in the cancer stage' many times and that has always rung (rang?) true to me.

[Quantess]

7. Excellent interview!