Organizing Notes

Bruce Gagnon is coordinator of the Global Network Against Weapons & Nuclear Power in Space. He offers his own reflections on organizing and the state of America's declining empire....

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Location: Bath, Maine, United States

I grew up in a military family and joined the Air Force in 1971 during the Vietnam War. It was there that I became a peace activist.

Monday, June 19, 2017

A Cure for Capitalism



Narrated by Richard Wolff.

Wolff is a Professor of Economics Emeritus at the University of Massachusetts, Amherst, and Visiting Professor at the New School graduate program in International Affairs in New York.

Wolff’s work challenges the conventional wisdom that capitalism is the ideal framework for the political economy.  More recently, he has concentrated on analyzing the causes and alternative solutions to the global economic crisis.  In 2010, Wolff put his economic theory into action, and co-founded Democracy at Work, a project that aims to build a social movement and society whose workplace is more equitable, sustainable, and democratic.

Over the years, Wolff has written extensively and published many books including Democracy at Work: A Cure for Capitalism, Occupy the Economy: Challenging Capitalism, and Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It, which was also made into a DVD.

Wolff’s bold and persuasive economic ideas have helped him establish a strong media presence. He writes regularly for The Guardian and Truthout.org, and has been interviewed by Amy Goodman’s Democracy Now!, Al Jazeera English, and National Public Radio. He is also a frequent lecturer at colleges and universities across the country.

Wolff earned his PhD in Economics and MA in History from Yale University, an MA in Economics from Stanford, and a BA in History from Harvard. He lives in New York with his wife, Dr. Harriet Fraad, a psychotherapist.

2 Comments:

Anonymous Brother Jonah said...

Obviously Capital must be subsidized in order to succeed. The resources which form the basis for money, don't make themselves.. There's been no "land without people for a people with no land" To take the resources from land belonging to or occupied by another tribe or civilization calls for war, after of course a mock offer of compensation to the original residents. It's really to see it our own country "our own" ha ha ha... we the people whether of pure native to pure immigrant and all points in between, don't have ownership of the land, at least not in the estimation of the ones who have all kinds of guns gotten at taxpayer expense.

Capital can't thrive in the presence of other economic models. That's the way I read the "We Must Crush Communism and Socialism" propaganda of the past more than a century.

We the people who don't get to own the land still have to pay for those who claim it. The cold war to bankrupt the Soviets broke the Soviet economy... once... but has bankrupted Good Ol' Capitalism several times just in my lifespan. All the measures used to prop up Capital cost a lot of bread, money we are never going to have, with bond spending, forwarding the debt to future generations, plural. We won't have the resources to support the 'money' even if every other nation in the world voluntarily gave up those resources.

Which ain't bloody likely.That leads to further wars of conquest, with new bonds for each endeavor which is non-fungible to begin, each country we add to the Conquered list will cost more money to seize than "we" can extract from them.

6/20/17, 3:32 PM  
Blogger Bruce K. Gagnon said...

Great observations Brother Jonah. Well said and thanks for the post.

6/20/17, 7:00 PM  

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