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Capitalism hits the fan

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Alternate title:A lecture on the economic meltdown
Summary:Richard Wolff breaks down the root causes of today's economic crisis, showing how it was decades in the making and in fact reflects seismic failures within the structures of American-style capitalism itself. Wolff traces the sources of the economic crisis to the 1970's, when wages began to stagnate and American workers were forced into a dysfunctional spiral of borrowing and debt that ultimately exploded in the mortgage meltdown.
Description:Contents: Three things the economic crisis is not -- How we got here : American exceptionalism -- History interrupted : the trauma of flat wages -- Coping with trauma : the people's response -- The meaning of the "trauma" for business -- Bust and no boom in sight -- What won't work : re-regulation -- So what might work? -- Beyond free markets and regulation.
Creator:Jhally, Sut
Contributor:Wolff, Richard D.
Provider:Media Education Foundation
Place of origin – Continent:North America
Place of origin – Country:United States
Place of origin – Region:Massachusetts
Place of origin – Settlement:Northampton
Topical subjects:Capitalism -- United States
United States -- Economic conditions
United States -- Economic policy
Genre:Filmed lectures
Repository:Nonprint Media Services
Browse terms:Economics, Business, Commerce, Labor
Films@UM Browse terms:Economics, Business, Commerce, Labor
Access restricted to patrons at the University of Maryland.