December 2010 Monthly Update on Global Capitalism
These Tuesday evenings each begin with an update and analysis of major economic events of the last month and their contexts of longer-term economic trends shaping politics and society here and abroad. We focus on the evolving global capitalist economic crisis and its consequences. Topics examined include (1) the social costs and effects of unemployment, the housing crisis, deficits, exploding national debts and money creation, (2) the issue of long-term economic decline for wage and salary-earners, (3) “austerity programs” in Europe and mass resistance, and (4) crisis responses inChina and other developing economies. The goal is to develop a deepening understanding of the crisis as systemic and of basic social changes as preferred responses to it.
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