Why the Economic Crisis Deepens | The New School
Presented by the Graduate Program in International Affairs | www.newschool.edu www.gpia.info Graduate Program in International Affairs instructor, Professor Richard Wolff, will speak about recent policies of the government since the economic crisis and why recovery isn’t working. Professor Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst where he taught economics from 1973 to 2008. He is currently a Visiting Professor in the Graduate Program in International Affairs of The New School, New York City. He also teaches classes regularly at the Brecht Forum in Manhattan. Earlier he taught economics at Yale University (1967-1969) and at the City College of the City University of New York (1969-1973). In 1994, he was a Visiting Professor of Economics at the University of Paris (France), I (Sorbonne). Visit http for more information. Location: Anna-Maria and Stephen Kellen Auditorium, Sheila C. Johnson Design Center. 09/30/2010 6:30 pm
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March 17th, 2012 at 12:37 am
if you knew about marxism, you’d know you’re being fucked around.
March 17th, 2012 at 12:37 am
@MarkoKraguljac Better exposed is right. People the world over need to get together and find a real alternative to either greed-driven corporate capitalism and oppressive state-socialism. I favor creating many economically independent (or nearly so) regions of the world where people manufacture what they need for themselves and use their own currency to encourage independence so that neither corporations or governments can become too powerful.
March 17th, 2012 at 12:37 am
Dr. Wolff has many answers to today’s crisis. Check out his own website at rdwolff.org and see for yourself. If you enjoy this, you might also enjoy listening to Gar Alperovitz who recently appeared on Rick Wolff’s weekly WBAI radio program — Economic Update.
March 17th, 2012 at 12:37 am
The 99% is screwed and stuck with the bill. Suckers )-:
March 17th, 2012 at 12:37 am
Talk about prophetic. This was uploaded in October 2010, three months later, a couple of people gathering to protest in the Middle East would, incredibly quickly, get decades-old dictatorships to crumble.
March 17th, 2012 at 12:37 am
Sad the seats aren’t all full. At least he braved the weather & crowd to speak at OWS. Thank you Prof. Wolf.
March 17th, 2012 at 12:37 am
Don’t let the financial crisis bring you down. I started working from home and I’m now making 200 dollars a day… Don’t be the victim, create your own luck! It’s really worth checking out the website below, this guy is amazing…
Go to 2012bestoffers(.)com & Click the guy in front of the lamborghine’s…
Enjoy life!
March 17th, 2012 at 12:37 am
this should have at least 20 million views… but alas it only has 24 thousand. And that is why we are in the hole we are in: too few people try or even bother to try to understand why and how we all ended up here and what to do?
March 17th, 2012 at 12:37 am
actually what he said its the truth..
March 17th, 2012 at 12:37 am
@SurmountedbyScorn
I think, that a person can only be 1 idiot not 1.5 idiot.
March 17th, 2012 at 12:37 am
42:50!!! Omg George Carlin was right, he was fucking right!
March 17th, 2012 at 12:37 am
@Banelion001 actually the starting Union salary for Ford Motors in USA is around 45 USD per hour for each Union Employee. Remember that is the minimum. I agree the workers deserve fair payment for labour. Since USA is communist technically the federal minimum wage should be increased, but that wont happen because it supports the ruling elite, actually a recent consensus shows 1 in 2 people in California are Poor, Cnn news wont tell you this, Just keep watching American Gladiators
March 17th, 2012 at 12:37 am
@mstfclk63 Its incredible then how all the economies that outcompete the US in the world are also the ones most highly unionized. Also there is NO worked in the auto industry actually being paid 75$ an hour, get a grip.
March 17th, 2012 at 12:37 am
As per Tocqueville who predicted current culture, he claims that a reliance on government, although natural, should be avoided primary because it focuses to much power (without real control by the people) in government. Secondary institutions (community for example) should take care of its citizens, responsability should lie on the people not the government. People need to be more active not government.
March 17th, 2012 at 12:37 am
OCCUPY WALL STREET, THE ASS DOUCHE GENERATION
March 17th, 2012 at 12:37 am
@kobehal I dont see any homless people sleeping in BMW’s with pic’s of Maui for me to look at….just a thought….respectfully.
March 17th, 2012 at 12:37 am
@MarkoKraguljac I agree!!!! My thoughts exactly. I would add Gar Alperovitz who made the New economics Institute 2011 Schumacher Lecture, and then I would add Naomi Klein, author of No Logo and the Shock Doctrine. 4 people who have with great sacrifice, paid continuous attention for decades to a crisis now becoming public.
March 17th, 2012 at 12:37 am
Housing Bubble – Buy your house with little or no money down – Re-fi and get your $50K to 100K in cash from the equity jump and you also get a lower interest rate – We buy our BMW and take a few trips to Maui. Then when the ARM comes due – Ooopppss. I can’t afford the increase so I guess I’ll have to default. (I have no real investment anyway and the house and now is worth less. (Oh Well)
March 17th, 2012 at 12:37 am
He has a lot of good ideas, despite his annoying boomer habits, like “here’s a thought,” a ridiculous expression, and his question begging. But again, the ideas are very good.
March 17th, 2012 at 12:37 am
Ideally, sure, let’s all work together and make decisions for our various businesses and share in the take. Problem is, egos take everything personally. By nature the ego idea is a private separatist that doesn’t get along with other egos, unless it can exploit. The ego is at war. It is fearful, greedy, lustful, jealous, deceitful and makes a mess of paradise. Be here now as simple basic consciousness and we return to living together as one. Stop believing the mind-made image of a separate ‘me.’
March 17th, 2012 at 12:37 am
The government needs to stop using euphemisms such as “jobless recovery” and “double dipped recession” and admit to the public that we are in a depression that will last for decades.
March 17th, 2012 at 12:37 am
Bravisimo!
March 17th, 2012 at 12:37 am
@CommonSensePeter You should actually watch the video.
March 17th, 2012 at 12:37 am
3 people didn’t watch the video.
March 17th, 2012 at 12:37 am
Just watched only 1 minute, but want to say 1 thing & STFU the rest of the 2 hours. Socialist parties are indeed more important, communist are more important but still marginalized. Only 10 EU member states have such a party in their (lower) house. The largest with 31.1% of the house is Cyprus (19/56 seats, 2nd party & holder of the presidency) & the smallest is I think Spain with 0.2857% of the house (1/350 seats).