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Capitalism is the Problem

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Can analyzing the internal conflicts of the capitalistic economic system offer a path toward something more sustainable? Abby Martin of The Empire Files interviews renowned Marxian economist, Dr. Richard D. Wolff, Professor of Economics Emeritus, University of Massachusetts, Amherst. Wolff is one of the founders of Rethinking Marxism, a quarterly, peer-reviewed academic journal dedicated to rethinking and developing Marxian concepts and theories within economics, culture, and society. He has authored over a dozen books, most recently, Democracy at Work: A Cure for Capitalism, and is a founding member of the New Haven, CT, Green Party. Wolff says Capitalism has "internal contradictions" which make the system inherently unstable and which ultimately must cause its failure unless it transforms into a more sustainable system.

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Meryl Ann Butler is an artist, author, educator and OpedNews Managing Editor who has been actively engaged in utilizing the arts as stepping-stones toward joy-filled wellbeing since she was a hippie. She began writing for OpEdNews in Feb, 2004. She became a Senior Editor in August 2012 and Managing Editor in January, (more...)
 

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