British capitalists admit capitalism not working

Dear Kitty. Some blog

This video from the USA says about itself:

Richard Wolff: ‘Capitalism Is Not Working’

24 February 2012

Economics professor Richard Wolff attributes the global economic crisis to the failure of the capitalist system. He argues that the root cause of the problem is over-borrowing, and that capitalism runs on an unsustainable cycle.

Each month, Richard D. Wolff presents an an analysis of some particular economic topics and then opens the floor to questions, comments and a general discussion. This course takes place at the Brecht Forum in New York. Each month, we aim to develop participants’ understanding of and ability to explain to others the key economic developments of our time.

The updates focus on the evolving global capitalist economic crisis and its consequences. Professor Wolff examines topics such as: the social costs effects of the historic long-term US unemployment; national debt crises and “austerity programs” in Greece, Ireland

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