Capitalism Collapse? 'Cash grab system cannot survive storm'
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Uploaded by RussiaToday on Oct 9, 2011
There is barely a corner of the globe that has not been touched by the current financial meltdown. But a senior sociology scholar at Yale University thinks the crisis is far wider than the economic crash - it is capitalism itself which is collapsing. Immanuel Wallerstein explained his theory to RT.
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Top Comments
All Comments (614)
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Beautiful eyes, skin boobs, voice
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im booby
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Violence via the stoke of the pen is far more uncivilized than violence via a fist.
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Capitalism is crony from it's very premise, the property rights it claims exist. You don't have property rights. There is no philosophical argument that can justify why you should be able to deny other people access to a part of the Earth. If the premise upon which a system is build is crony, the system is crony. You can claim it's pragmatical, but it's still philosophically and morally bankrupt.
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I agree with the point he makes about the civilized being as violent as those labelled barbarians. But I think he overlooks Ancient Rome being invaded by gothic tribes, and the Mongol and Hunnic Empires invading societies all over the place.
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we need a Resource-Based Economy - The Zeitgeist Movement
3 weeks ago 2
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What we have right now is not capitalism. It is crony capitalism.
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This guy is a classic nincompoop!
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@mysharona61 oh my god youre a genious, double decker boloni sandwich!!! thats the answer !
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He is absolutely right but too many ignorant individuals are not able to accept it.
An artificial consumtion bubble, housing bubble, credit bubble, growth and productivity increase at all cost....pathetic...the bang will come...whether we like it or not....
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WE ARE THE 99%
jcdmb 4 months ago 13
she is so hot and the combination of hot and brains well......
marvelous interview thank you.Change of enormous scale is upon us.
We have too.
meagain2222 4 months ago 12