Friday, 24 October 2014 / TRUTH-OUT.ORG

Taming Capitalism Run Wild

Monday, 12 August 2013 11:01 By Bill Moyers, Moyers & Company | Video Interview

Media

Modern American capitalism is a story of continued inequality and hardship. Even a modest increase in the minimum wage faces opposition from those who seem to show allegiance first and foremost to America's wealthy and powerful. Yet some aren't just wringing their hands about our economic crisis; they're fighting back.

In an encore broadcast, Economist Richard Wolff joins Bill to shine light on the disaster left behind in capitalism's wake, and to discuss the fight for economic justice, including a fair minimum wage. A Professor of Economics Emeritus at the University of Massachusetts, and currently Visiting Professor in the Graduate Program in International Affairs of the New School, Wolff has written many books on the effects of rampant capitalism, including Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It.

"We have this disparity getting wider and wider between those for whom capitalism continues to deliver the goods by all means, [and] a growing majority in this society facing harder and harder times," Wolff tells Bill. "And that's what provokes some of us to say it's a systemic problem."

Also on the broadcast, activist and author Saru Jayaraman marches on Washington with restaurant workers struggling to make ends meet, and talks about how we can best support their right to a fair wage. Jayaraman is the co-founder and co-director of the Restaurant Opportunities Centers United, which works to improve pay and working conditions for America's 10 million-plus restaurant workers. She is also the author of Behind the Kitchen Door, an exposé of the restaurant industry.

This piece was reprinted by Truthout with permission or license. It may not be reproduced in any form without permission or license from the source.

Bill Moyers

A broadcast journalist for more than four decades, Bill Moyers has been recognized as one of the unique voices of our times, one that resonates with multiple generations. In 2012, at the age of 77, Moyers begins his latest media venture with the launch of "Moyers & Company." With his wife and creative partner, Judith Davidson Moyers, Bill Moyers has produced such groundbreaking public affairs series as "NOW with Bill Moyers" (2002-2005) and "Bill Moyers Journal" (2007-2010). 

For his work, Moyers has received more than 30 Emmys, two prestigious Alfred I. duPont-Columbia University Awards, nine Peabodys, and three George Polk Awards. Moyers' most recent book, "Bill Moyers Journal: The Conversation Continues," was published in May 2011. He currently serves as president of the Schumann Media Center, a nonprofit organization that supports independent journalism.


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Taming Capitalism Run Wild

Monday, 12 August 2013 11:01 By Bill Moyers, Moyers & Company | Video Interview

Media

Modern American capitalism is a story of continued inequality and hardship. Even a modest increase in the minimum wage faces opposition from those who seem to show allegiance first and foremost to America's wealthy and powerful. Yet some aren't just wringing their hands about our economic crisis; they're fighting back.

In an encore broadcast, Economist Richard Wolff joins Bill to shine light on the disaster left behind in capitalism's wake, and to discuss the fight for economic justice, including a fair minimum wage. A Professor of Economics Emeritus at the University of Massachusetts, and currently Visiting Professor in the Graduate Program in International Affairs of the New School, Wolff has written many books on the effects of rampant capitalism, including Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It.

"We have this disparity getting wider and wider between those for whom capitalism continues to deliver the goods by all means, [and] a growing majority in this society facing harder and harder times," Wolff tells Bill. "And that's what provokes some of us to say it's a systemic problem."

Also on the broadcast, activist and author Saru Jayaraman marches on Washington with restaurant workers struggling to make ends meet, and talks about how we can best support their right to a fair wage. Jayaraman is the co-founder and co-director of the Restaurant Opportunities Centers United, which works to improve pay and working conditions for America's 10 million-plus restaurant workers. She is also the author of Behind the Kitchen Door, an exposé of the restaurant industry.

This piece was reprinted by Truthout with permission or license. It may not be reproduced in any form without permission or license from the source.

Bill Moyers

A broadcast journalist for more than four decades, Bill Moyers has been recognized as one of the unique voices of our times, one that resonates with multiple generations. In 2012, at the age of 77, Moyers begins his latest media venture with the launch of "Moyers & Company." With his wife and creative partner, Judith Davidson Moyers, Bill Moyers has produced such groundbreaking public affairs series as "NOW with Bill Moyers" (2002-2005) and "Bill Moyers Journal" (2007-2010). 

For his work, Moyers has received more than 30 Emmys, two prestigious Alfred I. duPont-Columbia University Awards, nine Peabodys, and three George Polk Awards. Moyers' most recent book, "Bill Moyers Journal: The Conversation Continues," was published in May 2011. He currently serves as president of the Schumann Media Center, a nonprofit organization that supports independent journalism.


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