A debate lingers over how the Obama Administration has handled the Great Recession and its aftermath. Retired U-Mass Professor Richard Wolff claims what the country needed then, and now, is more fundamental change, to a form of business organization rooted not in capitalism, but in Marxist thought.
[A transcript of this audio is not available]
Wolff is scheduled to speak during a two-day conference at USM titled Capitalism Hits the Fan on Wednesday and Thursday March 12-13.
Visit the USM website for more information about the conference.
Wolff is a retired professor of economics at the University of Massachusetts. He currently teaches at the New School University in New York City.
Prof. Wolff's website: http://rdwolff.com/
NOTE: Part two of this conversation with Professor Wolff airs on Morning Edition Tuesday, March 12 at 7:35 am