Occupy the Economy: Challenging Capitalism (City Lights Open Media)

Occupy the Economy: Challenging Capitalism (City Lights Open Media)

Richard D. Wolff

Today’s monetary difficulty is capitalism’s worst because the nice melancholy. hundreds of thousands have misplaced their jobs, houses and healthcare whereas those that paintings watch their pensions, advantages, and task safety decline. As an increasing number of are impacted by way of the situation, the procedure keeps to make the very filthy rich even richer. In eye-opening interviews with popular economist Richard Wolff, David Barsamian probes the basis factors of the present fiscal concern, its unjust social results, and what can and may be performed to show issues round.  While others blame corrupt bankers and unregulated speculators, the govt, or perhaps the terrible who borrowed, the authors express that the motives of the predicament run a lot deeper. They succeed in again to the Seventies whilst the capitalist method itself shifted, finishing the century-old development of emerging wages for U.S. staff and thereby permitting the pinnacle 1% to turn into ultra-rich on the price of the 99%. given that then, monetary injustice has develop into power and extra corrupted politics. The Occupy stream, by means of articulating deep indignation with the complete procedure, mobilizes large numbers who search simple swap. Occupying the economic system not just clarifies and analyzes the predicament in U.S. capitalism this day, it additionally issues towards options that could form an improved destiny for all.

Richard D. Wolff is professor emeritus of Economics on the collage of Massachusetts, Amherst, and vacationing professor on the New institution college. writer of Capitalism Hits the Fan, he’s been a visitor on NPR, Glenn Beck Show, and Democracy Now!

David Barsamian is founder and director of other Radio and writer of Targeting Iran. he's top recognized for his interview books with Noam Chomsky, together with Targeting Iran.

“With unerring coherence and unequaled breadth of data, Rick Wolff deals a wealthy and masses wanted corrective to the perspectives of mainstream economists and pundits.”
—Stanley Aronowitz

Show sample text content

Download sample