Report: The Capitalist Crisis As It Begins Year #3

Wolff assesses how the crisis is evolving with special attention to its broad social effects. He covers these topics: where is “recovery” underway and where further decline? What are the successes and failures of government intervention in the economy? How is Obama’s program different from FDR’s in the 1930s and different from government programs today in Europe, China and elsewhere? Have the underlying economic and social causes of this crisis been altered? How do we explain weak responses by the US left and labor movement both to the crisis and to the government’s programs to overcome it?

Following the presentation Rick Wolff signed copies of his just published new book, Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It. For more info, check Rick's website at


Richard D. Wolff is currently a Visiting Professor in the Graduate Program in International Affairs of the New School University, New York City. Among other works, he is the author, with Stephen Ressnick, of Knowledge and Class: A Marxian Critique of Political Economy, and Class Theory and History: Capitalism and Communism in the USSR.

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