{"article":{"id":223057,"heading":"Google video: Capitalism Hits the Fan-A Marxian View","author":"Richard Wolff","created":"2008-12-19 14:22:52","modified":"2008-12-19 14:22:52","last_modified":"Fri, 19 Dec 2008 21:22:52","article":"

In the 1970s real hourly wages in the US stopped climbing while productivity continued soaring. Businesses outsourced or brought low-wage workers so wages stagnated or went down.

Workers could be their own board of directors. Maybe you can't have real democracy without economic democracy.

to hear Richard Wolff's 36-minute talk, click on

http:\/\/video.google.ca\/videoplay?docid=7382297202053077236<\/a><\/p>\n","contact":"mbatko@lycos.com","link":"http:\/\/www.mbtranslations.com","address":"","phone":"","parent_id":0,"mime_type":"text\/plain","summary":"Richard Wolff, a professor of economics at UMass Amherst, talks on the current "financial" crisis and capitalism in general. A form of socialism is presented as a possibility for exhausted and anxiety-ridden workers.","numcomment":0,"fileurl":"\/uploads\/","filesize":null,"article_url":"\/news\/2008\/12\/223057.php"},"attachments":[],"comments":[]}