In this video, Peter Temin, a highly respected expert on the Great
Depression*, discusses some of the revealing parallels between that era
and our current financial and economic plight with Marshall Auerback.
Don’t be deceived by the leisurely pacing of this conversation and
Temin’s soft-spoken manner. Temin in his measured way sets the stage for
discussing how the trajectory we are on, which is undoing more and more
social safety nets and job security, which are fundamental to trust,
does not merely lead to lower productivity and hence hurts everyone,
including the wealthy, but also puts us on a trajectory towards a
dystopian future.
http://www.nakedcapitalism.com/2014/12/peter-temin-lessons-great-depression.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+NakedCapitalism+%28naked+capitalism%29
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