Professor Richard Wolff on Roots of Greek Crisis, Debt Relief & Rise of Anti-Capitalism in Europe

[marmar]

Published on Jul 7, 2015
http://democracynow.org - As Greek voters reject further budget cuts and tax hikes in exchange for a rescue package from European creditors, who is to blame for the debt crisis embroiling Greece? Is Germany trying to crush Greece to set an example? Will Greece leave the eurozone? What does this mean for the global economy? We speak to Richard Wolff, emeritus professor of economics at University of Massachusetts, Amherst, and visiting professor at New School University. He’s the author of several books, including, most recently, "Democracy at Work: A Cure for Capitalism." Still with us in Athens, Greece, is Paul Mason, economics editor at Channel 4 News.

[appalachiablue]

1. K & R. Excellent session. Thanks for posting. Wolff's expanation of

the Greek situation, austerity and the ramifications is expert, clear and the most comprehensive I've seen.

[Baitball Blogger]

2. The rejection of Capitalism is probably one of those Free Market

consequences that no one wanted to add into the Free Market formula.

i.e. People will resort to revolution before they accept hunger and homelessness.

[JDPriestly]

3. Insightful analysis. Really worth watching.

[passiveporcupine]

4. Excellent

As usual. Wolff is very sharp.