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Showing posts with label Bretton Woods. Show all posts
Showing posts with label Bretton Woods. Show all posts

20 October 2008

Antagonista TV #911: Capitalism Hits the Fan

It's probably time for a few words on the global financial meltdown cutely named the "credit crunch" but, in the interim, have some words on the same crafted by a bona fide professor.

The sound and video quality on the video below is average -- actually, it's of a better standard than the BBC's recent high-technology, high-quality foreign news reports that look like they were recorded on early incarnations of mobile phone cameras -- but if it's a little rational commentary, a quick oversight of recent history and a few crumbs for compiling into morsels of food for thought you're after, then it's worth persevering with.
Capitalism Hits the Fan A Marxian View
Oct 7, 2008 - 39 minutes

Richard Wolff a professor of economics at UMass Amherst talks on the current "financial" crisis and capitalism in general. A form of socialism is presented as a possible alternative. This talk was presented by the Association for Economic and Social Analysis and the journal Rethinking Marxism.


That videos such as the one above appear from out of nowhere, for all to see, and that such things are free to watch, listen to and learn from is yet another manifestation of the new economy of community outlined here some time ago. This is the same new economy of community for which plans exist, among small groupings of paranoiacs with access to the “paraphernalia of paranoia”, to bring it all to a crashing end.