Professor Richard Wolff: Opposition to Paying for Capitalism's Crisis | The New School
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Publicado 2011-04-02
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.
THE NEW SCHOOL | www.newschool.edu/
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) | www.newschool.edu/internationalaffairs and gpia.info/
To view archived writing, audio, and video from Professor Wolff, visit www.rdwolff.com/ and www.truth-out.org/
Location: Theresa Lang Community and Student Center, Arnhold Hall.
03/30/2011 7:30 p.m.
Todos los comentarios (21)
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History wise he is right on point.. we May don’t like it… but still holds true… most people will never see it that way
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Solidarity from Portugal!
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He tells it like it is!! 👍👍👍
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WBAI stopped broadcasting in Oct of 2019
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Although I think prof. Wolff is presenting a fair picture of what has happened in USA, not all of it, but some of the key issues, I would like to warn about is the fact that not everything in the EU countries like France or Germany is all that good. There is a lot of hierarchy here, and a lot of the say is in the hands of few big and powerful families. When you are at the end of a ladder, you end up staying there for the rest of your life. They don't like it when you move up.
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Can something be reported about how stray cats are breeding and our local government doesn’t help citizens who trap, neuter and get them rabies shots, cares for them, etc? It takes a village. Letting them suffer, going into garbages, or killing them isn’t the answer. Passing a TNR amendment doesn’t help. Real, practical help of hiring people, and paying rescuers/trappers will help. It is a community issue!
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Too bad nothing came of this .. The corporations got every dime they wanted
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SAD 😭🥺 ABOUT this situation for you he AMERICAN PEOPLE....
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11 years ago. The anger you talk of did not amount to any action did it?
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The talks start at 6:40
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Because they think we are stupid mr.woulf .
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@kearyda You need to watch again, you didn't get it...
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Wolff starts at 6:45
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So like every great Empire, they progress until they can't progress anymore and then collapse. Is that what he's saying?
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Yes, it's true what is said of Germany. They are true communities.
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Mr. Wolff is a very persuasive fellow... He might have a point that the brand of capitalism that we have had in the past twenty five years with the advent of the "Fantastic Four": Greenspan, Summers, Rubin and Levitt in the Clinton years, has created an abysmal mess with the sovereign debts around the world, but I I would like to call on him an oxymoron he used in the very beginning of his speech... Apparently, the University professors he spoke with in Athens were complaining that they were getting 20% less salary being part of a Public Education system (read: totally free to all, including in most cases free room and board!) and at the same time they were wondering how they would be able to pay(?) for their children's (FREE!) education!..
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the question ppl all sound on the verge of tears
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Thanks i am Bangladesh i ok
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I'm decreasing the labour supply to help push wages up :D cheers!
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@thegreatmonster I agree, but the US is also quite rigid in its hierarchy. We speak of a mythical social mobility, but study after study shows we have comparable mobility to that of Western European countries. The thing is, in Europe it is recognized, so help should be given to people stuck on the lower rungs. In the US, we pretend to be upwardly mobile, so no help should be given (i.e., if you don't rise, it's your fault because we are mobile).
