Capitalism Hits the Fan - Richard Wolff

Economist, author, Professor emeritus UMass, Amherst, Richard Wolff, speaks about the current economic crises, its' roots and what we can do about it.
Filmed by Paul Hubbard at Brown University, Providence RI on 12-2-09

• Category

  News & Politics

[agunatak]

what you describe isn't socialism, it's social democracy. A mixed economy is not socialism.

[Kjell Frode Tislevoll]

In Norway we have socialism and capitalism,and it works we dont have to pay if we have to go to a hospital.

Socialism and no Capitalism dont work,you need both.

[Skibum Willy]

Revolution! The only problems in the world today are manmade! The only hell we go thru is because of made - up rules, so let's change them. Watch “ManKINDer” on youtube for a simple rule tweak on inheritance that realigns us with our purpose, and the acts we reward!

[saffron1250]

Could you go a bit deeper? Explain why this is so? That is lay bare the ramifications of the fact that "war is the health of the state"?

[Jeremy Osell]

I guess it depends on if you believe in free will. I do so I hold government employees accountable for their actions. I don't make excuses for them. Regardless, the best way to limit corruption is to limit state power. Logically it follows that laissez-faire capitalism limits state power the most.

[Splendor Vendor]

No way private enterprise has any influence on the government's decisions XD If you watch this video and still don't believe the system is against you then hats off to you, you win: /watch?v=GX0PHt1HDQI

[Jeremy Osell]

Nice straw man, I already told you I don't support central banking. I just don't except your conspiracy theory that an institution with a government website, who's members are appointed by government, that is taxed at 100% and was created by an act of congress is "private".

All you are doing is changing the definition of the word private. None of these quotes even say the FED is private. Most of them were from before 1913.

[Splendor Vendor]

There are plenty more quotes where that came from but I'll leave you to find those yourself, to take the red pill, or to stay in the dream world by taking the blue pill... Finally, have you seen the movie Network (/watch?v=zI5hrcwU7Dk)?

[Splendor Vendor]

"When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object is gain." - Napoleon Bonaparte

[Splendor Vendor]

"If the American people ever allow private banks to control issue of their currency, first by inflation, then by deflation, the banks and the corporations will grow up around them, will deprive the people of all property until their children wake up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." - Thomas Jefferson