Capitalism - Not China - Is to Blame for the Current Global Economic Decline

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This article originally appeared at Truthout.org

 

Capitalism, like a speeding train, barreled into a stone wall in 2008. Shocked and dazed, its leaders have been trying to "recover." By that, they mean to fix the mangled tracks, reposition the locomotive and cars on those tracks and resume forward motion. No basic economic change...

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Global Center for Action Studies: Capitalist Decline and a Way Forward

Capitalism is relocating to new centers in China, India, Brazil, etc. In its old centers, e.g., the US, economic prospects darken. Middle and lower incomes stagnate. Multinational businesses and those they enrich force...

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Economic Update: Economic Lessons from 2015

This week's episode of Economic Update includes updates on FED's interest rate hike, Peter Drucker on "like a business," gun business, and oil economics. Response to question on whether it is China that is slowing the world economy. Major discussion of...

 

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Economic Update: Transcending Capitalism

This week's episode of Economic Update includes updates on denying bailout for Puerto Rico and gross wealth inequality in US and Wisconsin. Response to listeners on...

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Global Capitalism: December 2015 Monthly Update

"Saving Capitalism from Itself or Saving Us from It?"

Co-sponsored by Democracy at Work, Left Forum, and Judson Memorial Church

These programs begin with 30 minutes of short updates on important economic events of the last month. Then Prof. Wolff analyzes several major economic issues. For this December, they include...

 

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