Thursday, August 26, 2010

Austerity in the Face of Weakness Prt 1 (13:13m video)

from The Real News Network. Paul Jay interviews Doug Henwood of the Left Business Review about the current economy and future prospects. 

It is clear that the capitalist system is running into some major contradictions. It will be interesting to see in future segment(s) of this interview how Henwood sees these contradictions being played out.