As Washington lawmakers pushes new austerity measures, economist Richard
Wolff calls for a radical restructuring of the U.S. economic and
financial systems. We talk about the $85 billion budget cuts as part of
the sequester, banks too big to fail, Congress’ failure to learn the
lessons of the 2008 economic collapse, and his new book, "Democracy at
Work: A Cure for Capitalism." Wolff also gives Fox News host Bill
O’Reilly a lesson in economics 101. [includes rush transcript–partial.
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Source: Democracy Now!
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Video
Source: Democracy Now!
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