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Related: About this forumGlobal Capitalism - December 2012 - Richard D Wolff
This is socialism
Topics include class war and the fiscal cliff.
Global Capitalism - A Monthly Update & Discussion: December 2012
via http://www.youtube.com/user/RichardDWolff/videos?sort=dd&flow=list&view=0
Actual economic developments will shape the agenda for each monthly Tuesday meeting. Rick Wolff, with occasional guests, will present an economic update and an analysis of some particular economic topics and then open the floor to questions, comments and a general discussion of where the US and world economies are going and the political implications. We aim to develop participants understanding of and ability to explain to others the key economic developments of our time.
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via http://rdwolff.com/content/global-capitalism-monthly-update-discussion-december-2012
AldoLeopold
(617 posts)drynberg
(1,648 posts)Now it remains: How will we handle the fallout of the "cliff" settlement and what will happen in Europe. The plot is building, no?
I'm not sure where the merry go round will stop. Trying to figure that out. I'm sure he is too, though I'll wager he's much better at it. My dad always said the reason the French Revolution happens - any revolution happens, is because the bread dries up and goes bad. When people start going hungry, then we'll see something...something I dunno what something.
Pharaoh
(8,209 posts)canoeist52
(2,282 posts)blackspade
(10,056 posts)I know he couldn't cover everything, but one critical point that he didn't make was the fraudulent lending practices associated with mortgages and the bundling and selling of toxic debt.
The rest was very well done though.
recommended.