Capitalism and the Economic Crisis of 2008
Wednesday, December 3rd, 2008
The economic crisis of 2008 has been the worst ever in global history. Is capitalism safe from crises or are they bound to occur? Under the free market model, are they avoidable or are they the product of a free market capitalist system where corporations and speculators are allowed to run rampant?
Featuring an interview with John Clarke from the Ontario Coalition Against Poverty (OCAP) by Aaron Lakoff from CKUT in Montreal. John Clarke looks at the economic crisis, upcoming elections and the effects on the poor. According to OCAP, while the rich get bailed out, the poor get homeless.
In Miami, the ‘Take Back the Land’ collective, a group of 10 volunteers, is helping homeless and recently evicted to get housing by liberating foreclosed and empty homes. They chose to take illegal direct action in order to meet the immediate and obvious needs of a growing urban homeless population in North America.
To listen to the hour long program, click here.
