joefriendly on Jan 27, 2012
Image by celesteh via Flickr
Economics Professor Richard Wolff details the problems of capitalism and urges our recognizing its obsolescence and replacing it with institutions that truly serve the people.
Talk at Church of All Souls in New York City, January 24, 2012. Camera, audio: Joe Friendly
Richard Wolff: Replace Capitalism
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Richard Wolff responds to questions of audience members gathered around him after his talk until Church cleanup workers turn off the lights
Richard Wolff, Q and A after Replacing Capitalism talk
see
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Michael Parenti: Democracy and the Pathology of Wealth (2012)
Gar Alperovitz’s “America Beyond Capitalism” with Ralph Nader, Ted Howard and John Cavanagh
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No need to throw out the baby with the bath water. we just need to redefine the rules of the capitalist game to make moral and practical sense. once the public is seen as legitimate owner of the money supply and natural resources then labor can be seen as legitamately owned by private actors.
Capitalism kills. Period.
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Capitalism fails when markets become monopolised by a few.