Capitalism Hits the Fan (1/9)

Part 1: Three Things the Economic Crisis is Not

- This is a low-quality screen capture of a low-quality preview of a lecture on the economic meltdown, by Richard D. Wolff, Professor of Economics Emeritus, University of Massachusetts, Amherst.

- The preview is freely available at Professor Wolff's personal website: http://www.rdwolff.com/content/capitalism-hits-fan-movie

- A high-quality DVD of the lecture is available at: http://www.capitalismhitsthefan.com/

- I am not affiliated with Professor Wolff.

- A playlist of all 9 parts is available at: http://www.youtube.com/view_play_list?p=1DB29CA4805524BF

Category:

News & Politics

Tags:

• capitalism hits the fan
• capitalist crisis
• economic crisis
• Richard Wolff
• death2capitalism

[nvlawman1]

You're overlooking one fact. You say it's not the fault of the banks. Well, if you track down the corporate ownership of many of the largest businesses that moved out of the country, you'll find that the Federal Reserve bankers own them under various dba's. G.E. and Hewlett Packard are just 2 of them out of many. So yes, you can blame the banks for this!!!

[chestikov2011]

When are the fans going to hit back.Fans of non Capitalist systems i mean. ☭

[solidaritet2010]

Many Thanks!!!

[bighomiejp]

FUCKIN CAPITALIST ROACHES!! Had to fuck the video up with the "for preview only" b.s...smfh

[yohannbiimu]

@StarbladeEnkai You are correct. Government has been trying to control production and wealth for ages, in order to remove economic cycles, but that cannot happen outside of market supply and demand. Trying to dictate an economy's course outside of basic supply and demand forces is like trying to break out of the earth's atmosphere by jumping up and down repeatedly.

[StarbladeEnkai]

I think we need to distinguish here between a pure capitalist economy with no regulation and only laws to prevent coercion, and a mixed economy in a democratic society. We have the latter not the former, and the use of the term capitalism for a mixed economy is disingenuous.

[CreatorChannel]

He talks about how real WAGES have stayed the same since 1970...

MEANWhile CORPORATE (INDIRECT.. ANONOMOUS) PROFITS increase 10 fold

Coincidence... the TWIN towers = equality... A Landmark of this very real HUMAN trait.... Virtue ... What we always thought was... An American Virtue...

Proceeded to be blown-up BY OUR so-called pResident... holy WTF!!!

[claptonstratgreen1]

@yyourfacee your right. i just saw this on the free speech tv channel. really good stuff