January 17, 2010

Capitalism hits the fan: A Marxist view

Categorie: politics — Tags: , , , , , — Fraehnk, 11:59 pm

With breathtaking clarity, renowned University of Massachusetts Economics Professor Richard Wolff breaks down the root causes of today’s economic crisis, showing how it was decades in the making and in fact reflects seismic failures within the structures of American-style capitalism itself. Wolff traces the source of the economic crisis to the 1970s, when wages began [...]

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