Video: How Class Works – Richard Wolff Examines Class

5 May 2013 — The Real News Network

 

Richard Wolff is an economist who has studied class issues for more than 40 years. In this animation and audio presentation, Wolff explains what class is all about and applies that understanding to the foreclosure crisis of 2007–2011. He argues that class concerns the “way our society splits up the output [and] leaves those who get the profits in the position of deciding and figuring out what to do with them… We all live with the results of what a really tiny minority in our society decides to do with the profits everybody produces.”

 

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Video: Study Debunking Austerity Research Sparks Wide Reaction

23 April 2013 — The Real News Network

Bob Pollin (Co-Author of Does High Public Debt Consistently Stifle Economic Growth? A Critique of Reinhart and Rogoff): Deficit Hawks still defend conclusions of a study that contained spreadsheet errors and weighted selected countries in an inappropriate way; led to incorrect theory about public debt and growth (Inc. transcript).

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