Event Title

Economy in Crisis: Fantasies, Realities, Possibilities

Streaming Media

Description

Our economy's crises since 2008 continue. Millions face ever deeper income and wealth inequalities, ecological dangers, politics corrupted by money. We are living through the worst economic decline since capitalism's great 1930s depression. Reforms enacted then failed to prevent today's crises. A real solution requires more than reforms. We must change how we organize our enterprises (offices, factories, and stores). We can run them democratically, not dependent on state subsidies, taxbreaks and loopholes. Each employee can have an equal vote on what the enterprise does, how, and where, and what is done with the profits all help to produce. As Prof. Wolff explains, democratic enterprises - long overdue but already visible in worker cooperatives across the country - offer our best way out of today's economic crises.

About the Lecturer: Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst and a Visiting Professor at the New School University in New York. Wolff’s recent work has concentrated on analyzing the causes and alternative solutions to the global economic crisis. His groundbreaking book Democracy at Work: A Cure for Capitalism inspired the creation of Democracy at Work, a nonprofit organization dedicated to showing how and why to make democratic workplaces real. Wolff is also the author of Occupy the Economy: Challenging Capitalism and Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It. He hosts the weekly hour-long radio program "Economic Update," which is syndicated on public radio stations nationwide, and he writes regularly for The Guardian and Truthout.org. Wolff appears frequently on television and radio to discuss his work, with recent guest spots including "Real Time with Bill Maher," "Moyers & Company," "Charlie Rose," "Up with Chris Hayes," and "Democracy Now!." He is also a frequent lecturer at colleges and universities.

Document Type

Event

Start Date

28-10-2015 12:00 PM

End Date

28-10-2015 1:15 PM

Location

Fairhaven College Auditorium

Resource Type

Moving image

Title of Series

World Issues Forum

Genre/Form

lectures

Contributing Repository

Fairhaven College of Interdisciplinary Studies

Keywords

Wealth inequalities, Ecological dangers, Corrupted politics

Rights

This resources is displayed for educational purposes only and may be subject to U.S. and international copyright laws.

Language

English

Format

video/mp4

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Oct 28th, 12:00 PM Oct 28th, 1:15 PM

Economy in Crisis: Fantasies, Realities, Possibilities

Fairhaven College Auditorium

Our economy's crises since 2008 continue. Millions face ever deeper income and wealth inequalities, ecological dangers, politics corrupted by money. We are living through the worst economic decline since capitalism's great 1930s depression. Reforms enacted then failed to prevent today's crises. A real solution requires more than reforms. We must change how we organize our enterprises (offices, factories, and stores). We can run them democratically, not dependent on state subsidies, taxbreaks and loopholes. Each employee can have an equal vote on what the enterprise does, how, and where, and what is done with the profits all help to produce. As Prof. Wolff explains, democratic enterprises - long overdue but already visible in worker cooperatives across the country - offer our best way out of today's economic crises.

About the Lecturer: Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst and a Visiting Professor at the New School University in New York. Wolff’s recent work has concentrated on analyzing the causes and alternative solutions to the global economic crisis. His groundbreaking book Democracy at Work: A Cure for Capitalism inspired the creation of Democracy at Work, a nonprofit organization dedicated to showing how and why to make democratic workplaces real. Wolff is also the author of Occupy the Economy: Challenging Capitalism and Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It. He hosts the weekly hour-long radio program "Economic Update," which is syndicated on public radio stations nationwide, and he writes regularly for The Guardian and Truthout.org. Wolff appears frequently on television and radio to discuss his work, with recent guest spots including "Real Time with Bill Maher," "Moyers & Company," "Charlie Rose," "Up with Chris Hayes," and "Democracy Now!." He is also a frequent lecturer at colleges and universities.