Richard Wolfe: Opposition to Paying for Capitalism's Crisis (120 min)

[WhoIsNumberNone]

Run time: 119:45 https://www.youtube.com/watch?v=-6DLT9MHO4M   Posted on YouTube: April 02, 2011 By YouTube Member: thenewschoolnyc Views on YouTube: 4344   Posted on DU: April 23, 2011 By DU Member: WhoIsNumberNone Views on DU: 740

 
Opposition to Paying for Capitalism's Crisis: A Global Movement

THE NEW SCHOOL | http://www.newschool.edu

Objective economic analysis is difficult to come by in this heated political moment, with deep budget cuts that disproportionately affect the poor and working class while the top one percent of Americans continues to amass wealth at a record pace.

Professor Richard D. Wolff's academic work and public lectures warning of a crisis of capitalism preceded the current disaster. Wolff will discuss the fallout of the economic collapse and the ongoing struggle over who will bear the massive costs.

MILANO THE NEW SCHOOL FOR MANAGEMENT AND URBAN POLICY | http://www.newschool.edu/milano

Wolff is professor emeritus of economics at the University of Massachusetts Amherst and is currently visiting professor in the graduate program in international affairs at The New School in New York City. Having accurately predicted the economic collapse of 2008, he is widely sought after as a commentator on the current financial crisis. Wolff is also noted for his ability to distill complex economic concepts and data into palatable, accessible language.

Graduate Program in International Affairs (GPIA) | http://www.newschool.edu/internationalaffairs and http://gpia.info

To view archived writing, audio, and video from Professor Wolff, visit http://www.rdwolff.com and http://www.truth-out.org

Location: Theresa Lang Community and Student Center, Arnhold Hall.
03/30/2011 7:30 p.m.

[nadinbrzezinski]

1. Thanks that is a hell of a video

[jimlup]

2. This is an excellent talk

Thanks for sharing!

[ljm2002]

3. Really good video, thanks for posting! n/t

[Overseas]

4. K&R. Great talk!

So glad to hear an expert talk about the connection between when wages stopped rising and the falling apart of our families and the subsequent misdirecting of the source of the crisis by the right wing.

[Overseas]

5. Great explanation of shifting the tax burden from corporations to individuals.

Also great explanation of the hypocrisy of those complaining about the government being broke while they are making money on Treasury bonds.


And such a great explanation of how strange it was to have Democrats and Republicans arguing about 33 billion vs 66 billion in cuts instead of going after the great wealth at the top.

[Overseas]

6. Listening to another lecture of his from 2009

http://www.youtube.com/watch?v=TZU3wfjtIJY&feature=related

Covers outsourcing too. 60% of goods coming into the US from China are made by subsidiaries of American companies.

And once again he starts out with the dire reality of stagnant wages for workers since the 70's and how we have scrambled to keep up and what a marvelous boon it has been for the owners and how the status quo has been sold to the American public.