Showing posts with label supercapitalism. Show all posts
Showing posts with label supercapitalism. Show all posts

Wednesday, December 03, 2008

Listening To Robert Reich


Robert Reich is America's 22nd Secretary of Labor and a professor at the University of California at Berkeley. His latest book is "Supercapitalism."

The Great Crash of 2008 by Robert Reich (2nd December 2008)

If this isn't a Great Crash I don't know how to define one. Stocks were down another 7 percent today. Since the peak of last year, major stock indexes have dropped 47 percent. We're in range of the Great Crash of 1929.