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Capitalism Hits the Fan Part 1 of 2

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dcsmart Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-28-09 08:09 PM
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Capitalism Hits the Fan Part 1 of 2

Hello, SPG. Happy Workers Memorial Day 4-28-2009. I posted this in the Labor Forum:

May Day is coming up. Post some May Day articles or pictures. If you are attending an event post something about it. Another video lecture below. I seem to be posting a lot here. Anybody else out there have something to post or discuss? amyrose2712 were are you. It's lonely

"American economist Richard Wolff at the opening plenary of the Left Forum in New York City on April 17, 2009. In this speech he explains our current financial crisis and puts it in the context of an en economic system that is fundamentally unstable.

Richard D. Wolff (born April 1942, Youngstown, Ohio) is a American economist, well-known for his work on Marxian economics, economic methodology and class analysis. Wolff received his Ph.D. in economics from Yale University in 1969. He frequently collaborates with fellow economist Stephen Resnick. Wolf is married to (and sometimes co-author with) psychoanalyst Harriet Fraad.

Wolff taught at the City College of New York from 1969-1973, and then began teaching at the Economics Department of the University of Massachusetts Amherst, where he has been full professor since 1981. He began collaborating with Stephen Resnick during their common appointments at the City University of New York, and continued after they both moved to University of Massachusetts. Wolff and Resnick have jointly published numerous articles and books that formulate a nondeterminist, class analytical approach. Their topics have included Marxian theory and value analysis, overdetermination, radical economics, international trade, business cycles, social formations, the Soviet Union, and comparing and contrasting Marxian and non-Marxian economic theories."

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