One of the long standing taboos in the US is an open discussion of our capitalist economic system. Mainstream economists talk of business cycles, recessions, depressions, upturns, downturns, etc, in an effort to avoid discussing just how unstable capitalism is. In 2009 that changed. Professor Richard D Wolff, a PhD who taught economics at UMass for many years, published a book entitled Capitalism Hits The Fan, a compilation of articles and essays written between 2005 and 2008. Since that time he has been on a whirlwind of personal appearances and radio/TV talk shows discussing just how capitalism has worked, or not worked, for people over the last 50 years.
|By: SouthernDragon Sunday July 22, 2012 1:59 pm|