Understanding Capitalism--Gar Alperovitz ...Frank Church..Wisconsin, etc./The Real News

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Understanding Capitalism--Gar Alperovitz


Mr. Alperovitz tells TRNN Senior Editor Paul Jay, that the Vietnam War made it clear there was no way to a more rational capitalism and there had to be fundamental change

Bio

Gar Alperovitz is the Lionel R. Bauman professor of political economy at the University of Maryland and co-founder of the Democracy Collaborative. He is the author of the newly released book, "What Then Must We Do? Straight Talk About The Next American Revolution."


Transcript Here for Those who have Low Bandwidth and a Good read for those who can't capture the Video and want the Read:


PAUL JAY, SENIOR EDITOR, TRNN: Welcome back to The Real News Network. I'm Paul Jay in Baltimore. And welcome to a new edition of Reality Asserts Itself. I think to most rational people, if one surveys the global economy, you would have to come to the conclusion that capitalism--as we know it, at least--ain't working, certainly not working for most people. It's--guess it's working pretty well for a very few people. But over the last century or so, you could make the argument capitalism worked for a lot of people, a lot of people meaning in the United States, Canada, and Europe, not so much in Asia, Africa, and Latin America, except for a tiny elite. But even in the countries that seem to have done relative

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