Capitalism in Crisis: Richard Wolff Urges End to Austerity, New Jobs Program, Democratizing Work
DEMOCRACY NOW - As Washington lawmakers push new austerity measures, economist Richard Wolff calls for a radical restructuring of the U.S. economic and financial systems.
We talk about the $85 billion budget cuts as part of the sequester, banks too big to fail, Congress’ failure to learn the lessons of the 2008 economic collapse, and his new book, "Democracy at Work: A Cure for Capitalism." Wolff also gives Fox News host Bill O’Reilly a lesson in Economics 101.
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About the Author
Amy Goodman is an American broadcaster and journalist, and the host of Democracy Now!, an independent global news program. She had been news director of Pacifica Radio station WBAI in New York City for over a decade when she co-founded Democracy Now! The War and Peace Report in 1996. Since then, Democracy Now! is probably the most significant progressive news institution operating today.
Recommended Book
The Silenced Majority: Stories of Uprisings, Occupations, Resistance, and Hope
by Amy Goodman and Denis Moynihan.
In their new book, Amy Goodman and Denis Moynihan provide a vivid record of the events, conflicts, and social movements shaping our society today. They give voice to ordinary people standing up to corporate and government power across the country and around the world.
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