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Capitalism Hits the Fan + Gimme Shelter: The Housing Crisis

Program #RAMM001-WOLR003.

First Program: Richard Wolff - Capitalism Hits the Fan

Like that well known substance, Capitalism has hit the fan. The statistics are numbing and do not convey the suffering and trauma citizens are enduring. Gone up in smoke are their savings, pensions, homes and jobs. Poverty is at record levels. For too many, dreams and hopes are shattered. And like the Howard Beale character in the movie Network, people are yelling, "I'm as mad as hell and I'm not going to take this anymore." Occupy Wall Street has gone global. People are in the streets pushing back and saying, Enough. "We are the 99%." There is widespread recognition that the economic crash is not just the result of greed and arrogance and lax regulation. There are deeper structural problems with a system that always prioritizes profits over people. The question is what should replace it? 

Second Program: Max Rameau -  Gimme Shelter: The Housing Crisis


Anatole France, Nobel Prize winner wrote, “The law, in its majestic equality, forbids the rich as well as the poor to sleep under bridges, to beg in the streets, and to steal bread.” During the on going Great Recession, millions have lost their homes. Many of those who have ended up homeless, are living, if you can call it that, in the streets. You can see them from Santa Monica to Madison Ave to Vancouver in Canada.  In Boulder, where I live, every morning, they emerge from behind bushes and from under bridges. It is shameful giving the level of wealth that so many are without shelter. The U.S. spends billions maintaining military bases all over the world and has 11 aircraft carrier battle groups roaming the seven seas but at home people don’t have a roof over their heads.


Richard Wolff

Richard Wolff teaches at the New School in New York. The New York Times called him “America’s most prominent Marxist economist.” He is the author of numerous books including Capitalism Hits the Fan, Democracy at Work and Occupy the Economy with David Barsamian.


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