Michael Parenti: The Pathology of Wealth_on Economic Collapse Teach-in

This show was broadcast January 28, 2012.
It is now archived here — Use Player

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Michael Parenti: The Pathology of Wealth

The first talk of 2012 by the social critic and noted author Michael Parenti fits perfectly into the debates of the time, that of the 1% versus the 99% and the finally no longer taboo question: What exactly is CAPITALISM? Parenti is debunking some of the myths of capitalism: That it creates jobs, peace, democracy and wealth. After debunking some of the myths of capitalism, that it creates jobs, peace, democracy and wealth for all, Parenti describes the pathologies of the system by its inability to respond to climate change. Quoting a businessman in a New Yorker cartoon he reads: “While the end of the world scenario will be rife with unimaginable horrors, ..the pre-end period will be filled with unprecedented opportunities.” Also in this segment arguments for the benefits of socialism in areas of our lives that should not be managed under the profit system. He lists health care, energy, and transportation.

Michael Parenti spoke on January 6, 2012, at the La Pe a Cultural Center in Berkeley, CA. He is one of the nation’s leading progressive political analysts. Raised in a working class district of New York City, Parenti went on to earn a Ph.D. in political science from Yale. He lost his chance at an academic career when he was beaten and arrested during one of the many rallies against the war on Vietnam that he attended. Parenti is the author of over 20 books, among them: Democracy For the Few, History as Mystery, and, most recently, The Face of Imperialism. From A TUC Radio Presentation.

The Economic Collapse Teach-in encompasses upon some of the most highly controversial an crucial subjects of our day—the collapsing economy, the Federal Reserve, the Banks, Wall Street, financial fraud, foreclosures, homelessness, unemployment, workers rights, unions, trade agreements, etc. We scour the world to find and gather debates and presentations that are extremely informative and educational. Related subjects are also discussed. It provides key information for the uninitiated and the initiated alike.


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