RISE UP TO SUPPORT AR NOW

Help AR spread its progressive message to larger audiences at a time when it's particularly needed! We have no underwriters, government grants or advertising income. Radio stations receive our programming free of charge. We depend solely on you, our listeners, to sustain us.

We welcome your tax-deductible contributions for any amount. Send your check to RISE UP-Alternative Radio, PO Box 551, Boulder, CO 80306. Or just give us a call at (800) 444-1977, Monday–Thursday 8:30–4:30pm, Mountain Time.

DonateSubscribe Subscribe Monthly

Bailouts, Greece & Capitalism

Program #WOLR010. Recorded in Hollywood, CA on February 11, 2015.

Audio sample:
Lousy job prospects got you down? Deep in debt? Welcome to 21st century capitalism. The dominant ruling class has one mantra: More for Me, Less for You. That has certainly proven true. Workers' incomes have gone flat while the rich have gotten richer. Maybe Desperate Housewives should be replaced with a series called Desperate Workers. The global economic crisis continues to take an enormous human toll. In many ways, Greece has become the symbol of an economic system in disarray. While banks were bailed out, the people of the cradle of Western civilization were subjected to an EU German-directed austerity program. While banks were bailed out, the people of the cradle of Western civilization were subjected to an EU German-directed austerity program. The bad joke is the Bundesbank has done today what the Wehrmacht was unable to do in World War Two. Greece is on its knees. But the Syriza Party is resisting diktats from Brussels and Berlin and offering hope to beleaguered Greeks.

Speaker(s):

Richard Wolff

Richard Wolff is Professor of Economics Emeritus at the University of Massachusetts in Amherst and currently a visiting professor at the New School in New York. The New York Times calls him “America’s most prominent Marxist economist.” He is the author of numerous books including Democracy at Work and Occupy the Economy with David Barsamian.

 

Customer Reviews

Based on 3 reviews Write a review

Shopping Cart

Your cart is currently empty

Related Programs

William Black
Banks, Fraud & Looting

Bankers brought the world's economy to the brink of collapse and then as the Occupy slogan says, “We got sold out, they got bailed out.” In many ways Goldman Sachs,...  

Richard Wolff
Casino Capitalism

F. Scott Fitzgerald in The Great Gatsby, his signature novel about the Roaring Twenties, wrote, "They were careless people. They smashed up things and creatures. Then they retreated back into...

Nomi Prins
The Wall Street/White House Axis

When the financial history of this era is written it will scarcely be believed. Never have so many been ripped off by so few. There is an insidious alliance between...  

Simon Johnson
Megabanks: Too Big to Save

It was an unusual moment at the 2011 Oscars. Charles Ferguson, director of the award-winning documentary "Inside Job," told the audience, "Forgive me, I must start by pointing out that...  

William Black
Banks, Fraud & Looting + Ideology Over Reality

First Program: William Black - Banks, Fraud & Looting Bankers brought the world's economy to the brink of collapse and then as the Occupy slogan says, “We got sold out,...

Nomi Prins
Bailouts, Banks and Pyramids

Joseph Stiglitz, the Nobel Prize-winning economist comments on the fiscal crisis: "The incentive structures in the financial sector encouraged excessive risk taking. So many of our banks became too big...

Arun Gupta
Banksta Capitalism

"We cannot rebuild this economy on the same pile of sand," declares the president. But it seems that's what going on. Obama's treasury secretary says, "We have a financial system...

Nomi Prins
Wall Street/White House Axis + Banks, Fraud & Looting

2 CDs First program: Nomi Prins - The Wall Street/White House Axis When the financial history of this era is written it will scarcely be believed. Never have so many...

Njoki Njehu
Breaking the Chains of Debt: Jubilee 2000

Third World countries are reeling under staggering debt. The World Bank and the IMF impose punitive austerity programs which result in massive cuts in vital social services like education and...

(800) 444-1977
info@alternativeradio.org