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

Dandelion Salad

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.
http://zgraphix.org
http://austin.indymedia.org

Continue reading