If you want to understand what’s going on in the global economy, there is no better source than Michel Chossudovsky, author of The Globalization of Poverty. In this video lecture he explains it all, very clearly, and it’s very up-to-date.
highly recommended,
rkm
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Public Lecture organized by the
Centre for Research on Globalization (CRG)
( 78 min )
Montreal, Centre St-Pierre, January 14, 2009
THE GLOBAL FINANCIAL CRISIS
The Great Depression of the 21st Century
with Michel Chossudovsky
Causes and consequences of the financial meltdown;
The speculative onslaught;
Financial fraud and the “bank bailouts”;
Bankruptcy of the real economy;
Impacts on employment, wages and social services;
Towards a spiralling public debt;
The economic crisis and its relationship to the Middle East war;
The centralization of corporate power;
The concentration of wealth;
The globalization of poverty.
What are the policy alternatives?
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