Capitalist Crisis, Radical Renewal? An Interview with Leo Panitch, Sam Gindin, and Greg Albo

by Sasha Lilley
Originally published in The Bullet.
Part 1 of 3

Sasha Lilley: Liberals and leftists alike argue that the economic crisis was caused by a lack of state regulation over the banks and financial markets. Consequently, they conclude that we just need new regulation to keep the financial sector in line. Why don't you think that's the case?

Interview with Richard D. Wolff: Part 1

Note: Article originally published in Claridad (July 29- August 4, 2010)

Ian Seda (IS): Many economists are claiming that the “Great Recession” is finally over given a rebound in GDP growth in the US. What is your take on these types of analyzes?

An illusion of recovery?, Part 1 of 2

On the 31st of July the government of the United States reported that in terms of its gross domestic product (GDP) the economy had contracted at “only” a 1% rate in the second quarter of the present year. This fact, combined with the reported profits of various corporations and the loss of “only” 247,000 jobs for the month of July, has been used to suggest that possibly during the second half of the present year the economy will probably experience the much awaited recovery that would finally put an end to the almost 2 year long recession. Various economists have expressed that such a tendency in the indicators evidences that the stimulus plans of the Obama administration are finally having the desired- even if retarded effect.