Capitalism Hits the Fan

Overview

With breathtaking clarity, renowned University of Massachusetts Economics Professor 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 source of the economic crisis to the 1970s, 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. By placing the crisis within this larger historical and systemic frame, Wolff argues convincingly that the proposed government "bailouts," stimulus packages, and calls for increased market regulation will not be enough to address the real causes of the crisis, in the end suggesting that far more fundamental change will be necessary to avoid future catastrophes.

Cast

Similar Movies

The Bubble

2018•★ 5.5

The Corporation

2003•★ 7.6

Un jour en Italie

2017•★ 8.5

1979: Big Bang of the Present

2019•★ 5.7

The Year of the Discovery

2020•★ 6.8

The China Hustle

2018•★ 7.2

You Might Also Like

Crows Zero II

2009•★ 7.2

John

2018•★ 6.7

Main Krishna Hoon

2013•★ 6.1

Twitches Too

2007•★ 6.7

Divers at Work on the Wreck of the "Maine"

1898•★ 5.7

Little Hands

2018•★ 7.0