PDSonoma County Presents Economic Series for Progressive Activists

Submitted by Anna on Tue, 07/21/2009 - 17:24

Alice Chan
July 14, 2009

Take Action: Tell Congress Take Action Help Main Street INSTEAD of Wall Street

The program for the July meeting of Progressive Democrats Sonoma County was the second in a series of informational programs on the topic of “Disaster Capitalism: the mortgage melt-down, and the current economic crisis.”

At the July meeting we saw a clip from a film about the calamity on Wall
 Street, Heist co-produced by Donald Goldmacher and Frances Causey. The film is a hard-hitting and no-holds-barred report on free-market economics, Milton Friedman’s view of how the world should work, how that translated into Reaganomics and corporate greed, and why that not-so-ancient history is important in understanding who’s getting richer and who’s getting even 
poorer today. In order to build a progressive action plan we need to understand what happened and how it happened and learn the vocabulary that the pundits and economists use.



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