The Economic Crisis
Economic Democracy, Not Austerity or Keynesian "Growth"
appeared in Truthout.org May 10, 2012 Recent defeats of Dutch, Greek and French governing parties show rising opposition to their austerity policies. Across Europe and North America, similar oppositions mount. Bailing out large financial and other corporations with borrowed money has been the almost universal government plan for coping with global capitalist crisis. The result - rising government deficits and debts - was followed by "austerity policies" to reduce those deficits and debts.Global Capitalism - May 2012 Monthly Update
Published on May 9, 2012VIDEOThese Tuesday evenings will each begin with an update and analysis of major economic events of the last month and their contexts of longer-term economic trends shaping politics and society here and abroad. We will focus on the evolving global capitalist economic crisis and its consequences. We will examine topics such as
Economic Update - Keynesian vs. Marxian Economics
Published on May 6, 2012AUDIOSlightly different format divides today's program into two parts. Part 1 deals with how and why government take-over of private corporations need not be and often is not "socialism" and why it is often done to strengthen private capitalists.On Thom Hartmann's Big Picture
Published on May 2, 2012VIDEOSo what's the big picture to today's events? Yes, there's enormous wealth inequality. Yes, the economy still isn't producing wealth for the vast majority of us. Yes, there's Wall Street still making huge profits off screwing over customers. Yes, students are saddled with a trillion dollars in loans. But WHY is all of this happening? Absent of the political will to do this - how will it get done? Through mass rallies like we're seeing today? OR do things have to get really badHere with some answers is Prof.Radical Economist Richard Wolff Has a Prescription for the Struggling Economy
Our guest today is a professor emeritus of economics at the University of Massachusetts Richard Wolff. He's in high demand these days as a guest on radio and television see:. He and David Barsamian have written a new book called OCCUPY THE ECONOMY: CHALLENGING CAPITALISM. And he joins us now to talk about the recession, reviving the middle class, Wall Street and yesterday's May Day protests. Listen to the showOccupy the Airwaves Interview
Published on April 30, 2012AUDIO103.3FM WXOJ-LP Northampton, MA. Covering the local, national and global Occupy Movement. Interview with author and professor Richard Wolff of New School and the University of Massachusetts Amherst and author of "Occupy the Economy"In Conversation with Smiley & West
Published on April 30, 2012AUDIORichard Wolff offers his alternative perspective on the Great Recession and democracy in the workplace. You can listen to the show by clicking the play button on this page.Economic Update on WBAI Apr 28th, 2012
Published on April 29, 2012AUDIOUpdates on major US banks invading the payday loan, small loan loan and prepaid credit card businesses for big profits; French presidential election results undermining European austerity regimes; and US growth rate declining to anemic 2.2%. Interview Sarah Jaffee, labor editor for AlterNet.org on Occupy Wall Street, Mayday demonstrations, and student debt crisis. Response to listener on alternative transitions from capitalist to worker self-directed enterprises.
Tune in every Saturday at noon on WBAI 99.5fm or listen in live online here.
Economic Update on WBAI Apr 21st, 2012
Published on April 22, 2012AUDIOUpdates on extreme budget crisis and cuts by 50 state governments in the US, on raising interest on government loans to students from 3.4 to 6.8 %, and on Argentina's take-over last week of the private Spanish oil company that dominated its oil and gas industry. Interview with econ professor William Tabb on the financialization of US capitalism and its economic and social consequences. Responses to questions on "family values" and on actual economic planning in the US.
