Video: Wall Street Meltdown, with Dean Baker, Barbara Ehrenriech, Jared Bernstein & Chuck Collins
Video Panel: “Wall Street Meltdown” at Institute for Policy Studies
Watch this 50-minute panel discussion, covered on C-SPAN, from Tuesday, September 30, 2008
LINK: http://video.google.com/videoplay?docid=1799828763957317166&hl=en
The Market Meltdown: The Bailout, the Economics of Inequality and the Election
with Barbara Ehrenreich, Dean Baker, Jared Bernstein and Chuck Collins
A discussion of economic inequality, market instability and the 2008 presidential race.
View this engaging discussion with four progressive economic thinkers. Why is our economy in the current crisis? What was the role of the housing bubble? Is the bailout proposed by the Bush Administration going to address the problem? What should we do?
Barbara Ehrenreich, IPS senior scholar and New York Times Bestselling Author. Barbara’s current book is This Land is Your Land: Reports from a Divided Nation.
Dean Baker, Co-Director, Center for Economic Policy Research. Dean has been actively promoting progressive responses to the Wall Street bailout. Author of The Nanny State: How the Wealthy Use Government to Get Richer and Stay Richer.
Jared Bernstein, Director, Living Standards Program at the Economic Policy Institute; Jared’s latest book is Crunch: Why Do I Feel So Squeezed? (And Other Unsolved Economic Mysteries).
Moderator: Chuck Collins, senior scholar at IPS and coordinating of the Working Group on Extreme Inequality (www.extremeinequality.org). Author of The Moral Measure of the Economy.
DOWNLOAD a PDF of our 4-page “Sensible Plan For Recovery” HERE
URL: http://www.ips-dc.org/reports/#752
5 Responses
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July 23rd, 2008 at 7:57 pm
The Age of Unrealized Possibilities
We live in an age of progress. Our lives have been transformed in so many ways. Fantastic wealth has been created. Yet we are all being held back. The possibilities of age have not been realized yet. While technology has transformed some parts of our lives remain antiquated, relics of a bygone era.
Our schools are not developing the thinking workers we need – from software programmers to smart auto mechanics - in this new creative economy. Our hospitals and clinics only heal the sick not ensure we can thrive and live long lives. Our land use policies are hopeless outdated, increasing drive time, dangerously warming our environment, and making our neighbors a mere collection of houses.
Until we modernize these institutions and others we will all be held back. The wealth we have created is but a morsel of what we can do by working together. Together we can lift the working poor into the middle-class, and we can continue to expand the new comfortable class. Together we can help hard working people sacrifice a little less so that they may accomplish a little more. Together we can all realize our most cherished dreams.
August 13th, 2008 at 4:44 pm
Call it “The All-the-profits-go-to-the-rich Era.”
September 12th, 2008 at 3:13 pm
The Great Squeeze
The Great Betrayal
The Greta Betrayal
The Great Undoing
The Great Winddown
The Great Showdown
The Great Meltdown
The Great Denouement
Darwin’s Antisocial Triumph
Louis Quatorze’ Revenge
The Triumph of the Golden Calf
Mephisto’s Revenge
The Great Surrender
September 21st, 2008 at 3:14 am
This epoch must be called THE GREAT ROBBERY. I hope someone thought of it before the deadline. Born a poor white girl in Appalachia, I learned early that my lot was marriage and babies, if I was lucky. The civil rights movement with MLK awakened me to the notion of ‘justice for all’–even me, especially me. Now I am an old woman & though I have no money, I have awoken from my passivity to challenge the arrogance and greed of the so-called elite whose sustenance is a permanent underclass! These are interesting times.
October 2nd, 2008 at 1:12 pm
finaly a group that puts the facts out there. tells it like it really is . barbara,dean and jared. thank you so much for your candor and honest answers.when i watched your show on c-span it made me realize that there are highly educated and very well informed individuals such as you 3 on the side of justice…. however your voices on matters that are of concern to this country and the rest of the world for that matter are by in large going unheard by the legislative and exeutive branches of our country. i am a small person and only have my state reps to relay my corcerns. all beit my concerns would only be heard and not taken seriosly you have what i believe to be very influentual contacts . i believe at this time in our country we have an opportunity to make real change, the inequalities that the poor and working class poor are suffering through right now are very realalisticly coming to light,i say this not because its an election year and we hear so much about promises to help the under previlaged but because we are broke and need to be fixed. we are suffering while the rich are getting richer…. how much richer can they get. please help us . you three have the hearts and the souls we in this counrty need to get the ball rolling to wake up america.in listening to the way you spoke and your dont give me that nonsense mentality i truely believe you could put forth a consortium of scolars such as yourselves to make change in this country that would be good for all. i could tell you of my situation in life an cry about my woes but the fact is im like the 10’s of millions in this counrty with the same problems with you already know about. please dont let up on your ideaoligies and keep addressing the root of the problem. and i pray that the knowlegable people that could influx change get on board with you…. just to make a couple of points id like to make so i know i’ve been heard. i’ve long been an advocate of public works projects., not only do they stimulate the econemy but keep people from loosing what they have, i could use the income! when will we realise that tricke down ecomemics doesnt work and institute a fair tax bases that puts money in the coffers that will inable this counrty to get out of debt.is nationlisation of private funds of the super wealthy such a scare that it would halt all the econemy of this counrty? should the super wealthy go unchecked? paulson and goldman sachs should bear wittness to the scathing enterprise going on here.and how about haliburton how soon we forget.700 billion more to bailout the rich bush’s last big harah! the babyboomers are really going to pay for this!retirement not likely! im already pumping 10% of my raise every 6-monthes into a manditory fix to help shore up my pension that is not garenteed to be there when im ready in 7 months to draw on it. if we can bail out AIG why cant we bail out the pensions of this counrty and bring those big shots to justise. go FDR and the policies that put food on the table. bread lines and crime are next if this problem is not corrected . thank you guys and keep up the ggod work your doing.