Preview: Taming Capitalism Run Wild

February 20, 2013

On this week’s Moyers & Company, economist Richard Wolff joins Bill to shine light on the disaster left behind in capitalism’s wake, and discusses how to battle for economic justice. 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.

“Capitalism has a long-term tendency to polarize wealth and income,” Wolff tells Bill.

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 (ROC) United, which works to improve pay and working conditions for America’s 10 million-plus restaurant workers.

“It’s an incredible irony that the people who put food on our tables use food stamps at twice the rate of the rest of the U.S. workforce,” says Jayaraman.

See an extended video preview in which Jayaraman describes how we can all support restaurant worker justice when we dine out.

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  • Skeptical Scott

    Thank You Bill Moyers and all those who work on and contribute to the show!!! I’m loving how you are pushing the envelope in the MSM by having people like Chris Hedges & Richard Wolff on to explain/expose the downfall American democracy. I would kindly ask that you consider having Noam Chomsky or Michael Parenti on before they pass away (both are over 80). I’d also, very much, like to see you interview (articulate radical) DERRICK JENSEN. But I know that’s unrealistic.

  • ironbrook

    My wife and I just finished watching watching the interview with Richard Wolff. Terrific!! We await his next appearance.

  • roadrunner

    I would just like to remind anyone who reads this post that this country was founded as a constitutional republic, not a democracy. A democracy is what the “founding father’s” we’re protecting the people against. Our government has dismantled our economy, created incomprehensible inequality and sold the american people down the river. Their arrogant, unconcienable oppression of the people is absolutely immoral class warfare. When will washington ever get back to working for the people? I would also like to say I am thankful for pbs as a whole, for working every day to inform the public with the truth about the state of this faltering nation.

  • http://www.facebook.com/profile.php?id=1425695199 Anonymous

    Brilliant segment…. All American’s should listen to what Professor Wolff is saying and maybe we can pull out of the tailspin the USA is in…. Thanks, Mr. Moyers for this in-depth discussion with Mr. Wolff.

  • poor masses

    Thank you for coming back Bill. We needed you and you were missed during your hiatus.

    As Thomas Jefferson warned us about and now we have; a government of wolves over sheep who are annihilating whatever blessings of existence America promised us.

  • http://www.facebook.com/people/Matt-McLaughlin/100000039777325 Matt McLaughlin

    Great interview, wow.

  • Michael

    I think Wolff is right about most of what he says, both about the present state of affairs and about another, more desirable, state of affairs. The big problem is how do we get from here to there? It is hard to see how this can happen when about fifty percent of the population votes for the interests of the wealthiest “1%” (and that is assuming that the Democrats always support the “99%”, which is rarely the case). The only way this can have a chance to change is when schools are not only about teaching skills for a job market (important as it is) but also about learning to think and resist cheap arguments in very expensive elections.