Title: Capitalism hits the fan a lecture on the economic meltdown /
Authors: Wolff, Richard D.; Jhally, Sut.; Media Education Foundation.
Publisher: Media Education Foundation,
Year: 2009
Subjects: Capitalism United States; United States Economic conditions.; United States Economic policy.
Abstract: "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 sources of the economic crisis to the 1970's, when wages began to stagnate and American workers were forced into a dysfunctional spiral of borrowing and debt that ultimately exploded in the mortgage meltdown"--Container.
Contents: Three things the economic crisis is not -- How we got here : American exceptionalism -- History interrupted : the trauma of flat wages -- Coping with trauma : the people's response -- The meaning of the "trauma" for business -- Bust and no boom in sight -- What won't work : re-regulation -- So what might work? -- Beyond free markets and regulation.