Economic Recovery? Really?
Monday 13 December 2010
by: Richard Wolff, t r u t h o u t | Video
Richard Wolff is Professor of Economics Emeritus at the University of Massachusetts in Amherst and currently a Visiting Professor at the Graduate Program in International Affairs of the New School University in New York. He has a PhD in Economics from Yale University as well as degrees from Harvard University (history BA) and Stanford University (economics MA). Wolff has authored or co-authored 10 books and over 50 scholarly articles and 75 popular articles. His recent work has concentrated on analyzing the causes and alternative solutions to the current global economic crisis.
His documentary film on that crisis, Capitalism Hits the Fan, can be previewed at www.capitalismhitsthefan.com. He also published a book of essays on the current crisis in 2010 entitled Capitalism Hits the Fan: the Global Economic meltdown and What to Do About it. Detailed information on and copies of his many writings, audios and videos of his media interviews, lectures, and classes, and his speaking schedule are all available at his website: www.rdwolff.com.
All republished content that appears on Truthout has been obtained by permission or license.
Comments
This forum is moderated by software. Please allow up to 15 minutes for your comments to go live and avoid posting the same comment multiple times.
He forgot to mention
Mon, 12/13/2010 - 18:48 — Chris Hearn (not verified)He forgot to mention politicians who benefited from current economic crisis.
There is so much bullshit
Tue, 12/14/2010 - 00:07 — Anonymous (not verified)There is so much bullshit out there that it is getting harder to recognize the truth. Wikileeks is a start, but has its limits. We already knew of the "fix the facts" in the run up to the war in Iraq, but now we find out that Bush and Cheney authorized torture and that the Obama administration squashed the Spanish investigation of that matter.
We're in a plutocracy and until the public wakes up, we're screwed. The public will wait far too long to take back our government and restore a semblance of reality to the media (that is owned by those same corporations). Over $4 billion was spent on the last midterm election with over $2 billion going to television ads. So the corporations give (way too much) money to the politicians, who spend it on tv ads. The corporations get their money back and ALL the influence over the politicians.
Greed never sleeps, and ignorance never wakes up.