CinemaOSMovie · 2009 · 0h 57m

Capitalism Hits the Fan

70%(2)IMDbDocumentary

With breathtaking clarity, renowned University of Massachusetts Economics Professor Richard Wolff breaks down the root causes of today's economic crisis, showing how it was decades in the making and in fact reflects seismic failures within the structures of American-style capitalism itself. Wolff traces the source of the economic crisis to the 1970s, when wages began to stagnate and American workers were forced into a dysfunctional spiral of borrowing and debt that ultimately exploded in the mortgage meltdown. By placing the crisis within this larger historical and systemic frame, Wolff argues convincingly that the proposed government "bailouts," stimulus packages, and calls for increased market regulation will not be enough to address the real causes of the crisis, in the end suggesting that far more fundamental change will be necessary to avoid future catastrophes.

Directed bySut Jhally

Play
Status
Released
Runtime
0h 57m
Language
EN
Released
January 1, 2009

Featuring

Cast & crew

1 credited
Starring

Richard Wolff

himself

Creative team
Directed by
Sut Jhally
Sut Jhally
Written by
Richard Wolff

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