Loading ...
Sorry, an error occurred while loading the content.

Panel Announcement at Pace University Left Forum

Expand Messages
  • Scott on the Spot
    Panel announcement: Please come see the Pace University Left Forum Panel with Dr. Michael Hudson, Dr. Cay Hehner, Dave Kelley, and Chair Andy Mazzone.
    Message 1 of 1 , May 17, 2013
    • 0 Attachment
      Panel announcement:
      Please come see the Pace University Left Forum Panel with Dr. Michael Hudson, Dr. Cay Hehner, Dave Kelley, and Chair Andy Mazzone.
      http://www.leftforum.org/content/wall-street's-war-impose-austerity

      Wall Street's war to impose austerity
      Schedule Info

      Session Room Time
      Session 3 W613 June 8, Sat 03:40pm - 05:20pm

      Wall Street had a record year in profits last year. Bonuses were up and stock prices zoomed. Meanwhile, the productive classes continued to see their wages stagnate as they have for 40 years, while under-reported inflation figures and regressive tax schemes took more of their paychecks, if they could find work. But now Austerity threatens to siphon whatever is left from the bottom to the banking elites. Faux progressive organizations like Third Way in the U.S. are attempting to privatize Social Security to pour billions into Wall Street for further gambling. From Cyprus' confiscation of up to 70% of bank deposits to Greek pro-recession budget slashing, the road to neo-feudalism continues. Based on Professor Dr. Michael Hudson's book "Finance Capitalism and its Discontents" and "The Bubble and Beyond", panelists Dr. Michael Hudson, Dr. Cay Hehner, Dave Kelley, and Chair Andy Mazzone will discuss specific austerity measures that are designed to confiscate, impoverish, and destroy the middle class, while widening the already historic wage gap even further. Learn how the expansive forces of industrial capitalism have been subverted by today's predatory finance capitalism aided by junk economics and failure to collect the economic rent. What is the rentier class and how does it collect 1/3 of GDP? Is government regulation always wrong? What is the best tax policy? Why the 1% versus the 99%?
    Your message has been successfully submitted and would be delivered to recipients shortly.