Is Capitalism on the Ropes? By Mike Whitney

Dandelion Salad

By Mike Whitney
October 28, 2009 “Information Clearing House

Interview with Michael D. Yates and Fred Magdoff

1. Mike Whitney—In your new book, “The ABCs of the Economic Crisis: What Working People Need to Know”, you allude to right wing think tanks, like the Heritage Foundation and the American Enterprise Institute, which promote a “free market” ideology. How successful have these organizations been in shaping public attitudes about capitalism? Do you think that attitudes are beginning to change now that people understand the role that Wall Street and the big banks played in creating the crisis? (“The ABCs of the Economic Crisis: What Working People Need to Know” By Fred Magdoff and Michael Yates, Monthly Review Press)

Continue reading