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Capitalism Hits the Fan

 

A Message from Rick Wolff about his Film

 

Dear Friends

 

I hope that you may find a new film that I made with the Media Education Foundation (MEF) interesting and useful. Called “Capitalism Hits the Fan,” it is aimed at colleges, universities, and also high schools for instructional use, but it can serve other purposes as well. You can get a sense of it at http://www.capitalismhitsthefan.com/

 

The dvd can be ordered now and will be shipped by month’s end. It is also possible to view the full-length version (just under an hour) freely, albeit in low resolution, at the MEF website: http://www.mediaed. org/cgi-bin/ commerce. cgi?preadd= action&key=139. While the institutional prices are high, individuals can order the DVD for $ 19.95. The DVD contains both the full-length version and a shorter 35-minute version.

 

You may be especially interested in the critical analytical approach to explaining the causes of the current crisis, in the critique of Keynesian stimulus-cum-re-regulation “solutions,” and in the sketch of an alternative solution.

 

Your comments and criticisms would be welcome.

 

Rick Wolff

 

Capitalism Hits the Fan

Richard Wolff on the Economic Meltdown

 

A Media Education Foundation Production

 

“With unerring coherence and unequal breadth of knowledge, Rick Wolff offers a rich and much needed corrective to the views of mainstream economists and pundits. It would be difficult to come away from this viewing with anything but an acute appreciation of what is needed to get us out of this mess” – Stanley Aronowitz, Distinguished Professor of Sociology and Urban Education, City University.

 

About the Movie

 

With breathtaking clarity, renowned University of Massachusetts Economics Professor Richard Wolff breraks 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 framework, 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. Richly illustrated with motion graphics and charts, this is a superb introduction designed to help ordinary citizens understand, and react to, the unravelling economic crisis.

 

Preview the Movie at: http://www.capitalismhitsthefan.com/

 

Posted here by Glenn Rikowski

The Flow of Ideas: http://www.flowideas.co.uk

MySpace Profile: http://www.myspace.com/glennrikowski  

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