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Mon Dec 10, 2012, 10:50 PM

Global 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

These Tuesday evenings will each begin with an update and analysis of major economic events of the last month and their contexts of longer-term economic trends shaping politics and society here and abroad. We will focus on the evolving global capitalist economic crisis and its consequences. We will examine topics such as the social costs effects of the historic long-term US unemployment, national debt crises and “austerity programs” in Greece, Ireland, Spain, and beyond changes in today’s Chinese economy and their global effects, tax reform and the entire tax issue in the US today, continuing crisis in the US housing and credit markets the economics of immigration.

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

7 replies, 1253 views

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Arrow 7 replies Author Time Post
Reply Global Capitalism - December 2012 - Richard D Wolff (Original post)
limpyhobbler Dec 2012 OP
AldoLeopold Dec 2012 #1
drynberg Dec 2012 #2
AldoLeopold Dec 2012 #7
Pharaoh Dec 2012 #3
canoeist52 Dec 2012 #4
blackspade Dec 2012 #5
Esra Star Dec 2012 #6

Response to limpyhobbler (Original post)

Tue Dec 11, 2012, 12:52 AM

1. THE UNITED STATES CAN DO BETTER THAN CAPITALISM

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Response to limpyhobbler (Original post)

Tue Dec 11, 2012, 09:44 AM

2. Richard Wolff is brilliant

Now it remains: How will we handle the fallout of the "cliff" settlement and what will happen in Europe. The plot is building, no?

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Response to drynberg (Reply #2)

Tue Dec 11, 2012, 10:40 PM

7. Yes

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.

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Response to limpyhobbler (Original post)

Tue Dec 11, 2012, 10:21 AM

3. kicking for later

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Response to limpyhobbler (Original post)

Tue Dec 11, 2012, 02:36 PM

4. This is an eye opener. Explains the why of the "fiscal cliff".

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Response to limpyhobbler (Original post)

Tue Dec 11, 2012, 03:39 PM

5. That was awesome.

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.

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Response to limpyhobbler (Original post)

Tue Dec 11, 2012, 06:25 PM

6. Thank you, well worth the hour and a half. Adequately dumbed down. nt

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