Shared Sacrifice--Economist Richard Wolff on the collapse of capitalism

Dr. Richard Wolff is our guest today. He will join us to talk about the collapse of capitalism and his most recent work "Capitalism Hits the Fan". Dr. Wolff is an American economist, well-known for his work on Marxian economics, economic methodology and class analysis. He received his Ph.D. in economics from Yale University in 1969 and frequently collaborates with fellow economist Stephen Resnick. Dr. Wolff taught at the City College of New York from 1969-1973, and then began teaching at the Economics Department of the University of Massachusetts Amherst, where he has been full professor since 1981. He began collaborating with Stephen Resnick during their common appointments at the City University of New York, and continued after they both moved to University of Massachusetts. Wolff and Resnick have jointly published numerous articles and books that formulate a nondeterminist, class analytical approach. Their topics have included Marxian theory and value analysis, overdetermination, radical economics, international trade, business cycles, social formations, the Soviet Union, and comparing and contrasting Marxian and non-Marxian economic theories. In 1989, Dr. Wolff joined efforts with a group of colleagues, ex- and then current students to launch Rethinking Marxism, an academic journal that aims to create a platform for rethinking and developing Marxian concepts and theories within economics as well as other fields of social inquiry. He continues to serve as a member of both the editorial and the advisory boards of the journal. http://rethinkingmarxism.org/cms/ and http://www.capitalismhitsthefan.com/. Call in, stand up, speak out at 347-327-9615.