James K. Galbraith: Inequality and Instability: What’s Ahead for the World Economy + Sidney Gluck: Humanism and Socialism

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Inequality Hurts Us All

Image by Dean.Chahim via Flickr

SocialJusticeNOW·Feb 18, 2013

Economist James K. Galbraith, one of the country’s leading analysts of the financial crisis, speaks on the link between the growing inequality and economic instability. Galbraith, a professor in the LBJ School of Public Affairs at the University of Texas, will focus on the argument in his new book, Inequality and Instability: A Study of the World Economy Just before the Great Crisis, http://www.oup.com/us/catalog/general/subject/Economics/MacroeconomicTheory/?view=usa&ci=9780199855650 which demonstrates that increased inequality is a product of the rise of windfall profits in finance and the deregulation of markets. For an exploration of these ideas, watch Bill Moyers’ interview with Galbraith online.

Galbraith, a frequent commentator in the media and adviser to policymakers, is also the author of The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too and Created Unequal: The Crisis in American Pay. In addition to his teaching and research, Galbraith has served in several positions on the staff of the U.S. Congress, including Executive Director of the Joint Economic Committee.
At UT, Galbraith directs the Inequality Project. http://utip.gov.utexas.edu/about.html
For more information, contact Robert Jensen, rjensen@austin.utexas.edu.
Location: 5604 Manor, 5604 Manor Road, Austin, 78723 – http://www.5604manor.org/
A ZGraphix/Austin Indymedia Production.
Produced/Edited by Jeff Zavala.
Filmed by Jeff Zavala.

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The Credit Crisis Rages On; Why the Dow fell 512 points on Thursday By Mike Whitney

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By Mike Whitney
Information Clearing House
August 6, 2011

Anti-cuts March

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What caused global markets to plunge on Thursday?

Was it poor economic data in the US; the sudden slowdown in manufacturing, declining consumer spending, shrinking GDP and ongoing troubles in the housing market?

No. While the prospect of a double dip recession has pushed shares down for two weeks, Thursday’s crash was all about Europe.

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Bill Moyers Journal: James K. Galbraith + Richard Brookhiser

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Bill Moyers Journal
October 30, 2009

James K. Galbraith

Economic recovery in review. The Dow’s up, but why are Main Street Americans still reeling from last year’s economic collapse? With Americans still facing rising unemployment, foreclosures, and declining property values, renowned economist James K. Galbraith on whether we’ve averted another crisis and how to get help for the middle class.

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