Global Issues Colloquiums
Take a tour of some of the world’s hottest issues! For over a decade, Truman State University’s Global Issues Colloquium has been helping the Truman community understand many of the most challenging questions, conflicted responses and hopeful developments facing various governments and societies.
Thursday, March 23, 2017, 7:00 pm, VH1000
Speaker: Richard Wolff, Professor of Economics Emeritus, University of Massachusetts, Amherst
Title: Curing Capitalism through Democracy. A Radical Analysis of the Global Economic Crisis
Co-Sponsors: Students for a Democratic Society (SDS); History Department Early-Vreeland Lecture Series; Office of Interdisciplinary Studies
Abstract: Since its 2008 crash, capitalism has been experiencing its second worst breakdown ever. The on-going economic crisis (unemployment, disappearing middle class, and so on) has now broadened into a social crisis. Everywhere, old political establishments fall with the rise of new left and right political alternatives (the votes for Bernie Sanders and Trump are but one of many examples). Reforms in laws and regulations are now too little, too late to solve capitalism’s mounting problems. We need a far more basic, structural change such as the democratization of enterprises (factories, offices and stores). A transition from capitalist to cooperative enterprises is available and possible if we dare to make it happen.