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marmar

(77,080 posts) Sat Apr 27, 2013, 09:55 AM Apr 2013

Richard Wolff: Why the Economic Crisis Deepens

8 replies

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Richard Wolff: Why the Economic Crisis Deepens (Original Post) marmar Apr 2013 OP

in other words, capitalism really doesn't work that great. faithnomore Apr 2013 #1

The 1% Love The Economy - The 99% Not So Much cantbeserious Apr 2013 #2

Marmar - Is this part of a longer talk being given by Prof. Wolff? I notice that he's truth2power Apr 2013 #3

It's a piece of this longer talk... limpyhobbler Apr 2013 #5

Thanks. I plan to watch this tomorrow... truth2power Apr 2013 #6

Sorry truth2power, I'm just now seeing your post...... marmar Apr 2013 #7

No problem.... truth2power Apr 2013 #8

K&R. Lots to think about. Overseas Apr 2013 #4

faithnomore

(41 posts)

1. in other words, capitalism really doesn't work that great.

Reply to marmar (Original post)

Sat Apr 27, 2013, 10:19 AM

Apr 2013

At least not for the average person.

cantbeserious

(13,039 posts)

2. The 1% Love The Economy - The 99% Not So Much

Reply to marmar (Original post)

Sat Apr 27, 2013, 10:35 AM

Apr 2013

eom

truth2power

(8,219 posts)

3. Marmar - Is this part of a longer talk being given by Prof. Wolff? I notice that he's

Reply to marmar (Original post)

Sat Apr 27, 2013, 10:39 AM

Apr 2013

speaking at a New School lectern. I tried to find it with "properties" but no luck. He teaches at the New School.

From this video: Wealthy people lend to the Government (a churning of money).

The U.S. Government could tax the wealthy and the corporations. Instead, they borrow from the SAME wealthy /corps. and pay them back with interest.

Also: "The Communist government of China is financing the crisis activities of the Capitalist govt. of the United States. "

I wish Pres. Obama would have a meeting with Prof. Wolff. "Course, I know why that's never going to happen.