David Harvey on the Economic Crisis

[trivas7]

Prof. Harvey explains that the historic roots of the current fiscal crisis are found in the crises of the 70s and the Ponzi-like bursting of the twin bubbles of the stock market and real estate (investment assets for the wealthy). He doesn't think that the stimulus package will work and sees a tremendous consolidation of capitalist power coming. OTOH he sees hope in the current thirst for global human solidarity.

http://davidharvey.org/2009/03/david-harvey-interviewed-on-new-york-public-radio/

[GracchusBabeuf]

A longer explanation of the crisis by Prof. Rick Wolf (http://www.vimeo.com/1962208).

[trivas7]

Marxist Geographer David Harvey on the G20, the Financial Crisis and Neoliberalism (http://www.democracynow.org/2009/4/2/marxist_geographer_david_harvey_on_the) on democracynow.org.

Prof. Harvey's great.