Capitalism is a fatally flawed economic system that cannot be made to work well, argues economist Richard D. Wolff. One fatal flaw is its instability: for the past 300 years, capitalist economies have crashed every 4-7 years. We are now in the third crash of the 21st century, the worst since the 1920s. The poor US response to COVID--and the right-on-schedule crash COVID triggered--make the system's failures undeniable, Wolff argues.
Wolff is in fine form in these selections from an interview (of 9-15-2020) with the Progressive Canadian video blogger, Mexie. (Cont'd)
First, though: brief eulogies for Connecticut radio program producer and political activist Mike DeRosa and for veteran Middle-East correspondent Robert Fisk. And a funny song on President Trump by satirist Roy Zimmerman and friends.
Mexies video programs are available on YouTube. I have borrowed the title of her interview with Wolff (as well as a fair amount of the audio). Many thanks.
New World Notes is produced under the auspices (Latin for "long-suffering sighs") of WWUH-FM, a community service of that beacon of light in darkest Connecticut, the University of Hartford.
Richard D. Wolff--Professor Emeritus at the University of Massachusetts, Amherst--has written or co-authored 16 books on economics and economic theory.
This installment is available--in MP3 and other formats--also on The Internet Archive (www.archive.org). The page with the download links is here: https://archive.org/download/nwn-663-wolff-covid-192k
Details, photos, nice links, & other good stuff on the show's Web site: https://newworldnotes.blogspot.com
SERIES OVERVIEW -- Political and social commentary in a variety of genres. Exploring the gap between what we want ... and what they're trying to make us settle for. "Date recorded," below, = date of first scheduled broadcast.
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