Surviving Capitalism (Not) : Obama takes on Wall Street? (10:10m video)

We’ve lived so long under the spell of hierarchy—from god-kings to feudal lords to party bosses—that only recently have we awakened to see not only that “regular” citizens have the capacity for self-governance, but that without their engagement our huge global crises cannot be addressed. The changes needed for human society simply to survive, let alone thrive, are so profound that the only way we will move toward them is if we ourselves, regular citizens, feel meaningful ownership of solutions through direct engagement. Our problems are too big, interrelated, and pervasive to yield to directives from on high.
—Frances Moore Lappé, excerpt from Time for Progressives to Grow Up

Thursday, January 28, 2010

Obama takes on Wall Street? (10:10m video)

from Real News Network. An interview with Gerald Epstein who offers his solutions to existing disconnect between capital and real economy.

Gerald Epstein is Co-director of the Political Economy Research Institute (PERI) and Professor of Economics.He received his Ph.D. in economics from Princeton University. He has published widely on a variety of progressive economic policy issues, especially in the areas of central banking and international finance, and is the editor or co-editor of six volumes.