Crisis Capitalism

Psych 2237 April 1, 2012 Crisis of Capitalism Richard Wolf is an astonishing man. He went too 3 of the roundabout schools in America, stay putting his Bachelor degree in annals at Harvard, Masters in history at Stanford and his Ph.D at Yale in Economics. Dr. Wolf is currently a visiting prof in the graduate program in international personal business of the New School University, New York City. He often teaches at the Brecht Forum in Manhattan. He also taught economicals rachis at Yale and at the City College of the City University of New York and he was also a visiting Professor of Economics at the University of Paris. He is also a Marxist Economist. He refers to his economic theories based on Karl Marx. So needless to say, Dr. Richard Wolff is one refreshing and professional man. In his presentation, he made a few points that should be addressed. Capitalism, The Great Depression, the New Deal, our current crisis and the solution. Too touch off off, Wolff mentions that capitalism always had a transcription with employers and employees. It is relatively smart and that we need to critique the system. Capitalism is a new sociable system producing and distributing goods that are owned by few of batch. If us, as a society dont criticize the system, it allow rot beneath us.

Our society debates our systems and changes what needs to be changed. The problems with capitalism is the fact that between 20 and 25 zillion people are unemployed in America. He mentions capacity physical exercise that 70% of our capital to produce is in use and 30% is not in use. Using the capitalist system makes the system inefficient for the economy. As another statistic proves the economy standards. One million college students are currently in debt. People use prick goats too explain the government and politics. The main scapegoats that Dr. Wolff mentioned are the government, immigrants and bankers. pull down if thinking about the current economy, Every person has play the rule of our system because people want help... If you want to get a full essay, order it on our website: Orderessay

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