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DESCRIPTION:\n\nFilm evenings begin with potluck refreshments and social hour at  6:30 
 pm,\nfollowed by the film at  7:30 pm, followed by a discussion after the 
 film.\n\nCAPITALISM HITS THE FAN\nby Richard Wolff\n\nRichard Wolff breaks 
 down the root causes of today’s economic crisis in the clearest terms 
 that everyone can understand  He shows how the crisis has been decades in 
 the making and in fact reflects seismic failures within the structures of 
 American-style capitalism itself.  He traces the source of the economic 
 crisis to the 1970s when wages began to stagnate and American workers were 
 forced into a dysfunctional spiral of borrowing and debt that ultimately 
 exploded in the mortgage meltdown.  By placing the crisis within this 
 larger historical and systemic frame, Richard argues convincingly that the 
 proposed government bailouts, stimulus packages, and calls for increased 
 market regulation will not be enough to address the real causes of the 
 crisis, in the end suggesting that far more fundamental change will be 
 necessary to avoid future catastrophes.\n\nRichard Wolff is not only a 
 brilliant expositor of our country’s economic reality but he has a great 
 sense of humor and viewers will be enlightened, informed, and amused about 
 what global market capitalism has brought to the world — who has 
 benefited and who has gotten hurt.  You will see why the game of growth and 
 debt is over and will not be cured by a stimulus to create one more bubble 
 that will get us back to the same economy that produced the economic 
 meltdown.  He is concise in summarizing the end of capitalism world wide.  
 It cannot sustain itself anymore.  There is no way out other than to 
 restructure!  You can’t buy your way out;  you can’t borrow your way 
 out;  you cannot stimulate your way out.  The problem is unsolvable in its 
 current structure.  The only way to solve it is to change the structure.  
 Corporate capitalism has done this to itself.  We have benefited as a 
 nation from fortunate events where for three decades we were the world’s 
 producer.  No more.  The rest of the world has caught up after WWII 
 destroyed their economies and means of production.  The entire world is now 
 in for a lingering depression if we do not change the structure of our 
 economy.  And if certain unpredictable events happen, it could be 
 catastrophic for humanity!\n\nWheelchair accessible around the corner at  
 411  28th  Street\n\n$5 donations are accepted\n\n\n \n 
 https://www.indybay.org/newsitems/2012/01/26/18705727.php
SUMMARY:Capitalism Hits the Fan
LOCATION:Humanist Hall\n390  27th  Street\nuptown Oakland, between Telegraph and 
 Broadway\nhttp://www.HumanistHall.org
URL:https://www.indybay.org/newsitems/2012/01/26/18705727.php
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