"It's unstable, it's inefficient, it produces inequality, and it's fundamentally undemocratic."

[marmar]

Professor Richard Wolff on capitalism, in this week's Labor Day-focused "Economic Update"

Audio Link: http://rdwolff.com/content/economic-update-labor-day-economics

[TreasonousBastard]

1. C'mon-- downloading and listening to this audio...

is ridiculous. Two minutes into it he hadn't said anything and I doubt it would take me more than 5 to read all of it in a blog post.

Anyway, bakc in the 60's when i was working on my eco degree it was well known that pure capitalism didn't work any better than communism did. A mixed economy with the most effective and productive aspects of capitalism, socialism, and any other -isms that pop up is the appropriate way to run an economy.

The problem is when we get ideologues and politicians on all sides to demand their way or the highway.

[marmar]

2. Two minutes in and he was only covering his short updates, not the main topic.....

..... he hadn't even dealt with it.

[TreasonousBastard]

3. So, how long should I sit by the computer and listen...

when I could read it, save the copy, or just be better off with something in writing that takes less of my time and gets the message across?

We're overwhelmed with unnecessary video and audio. If I'm sitting in the car or eating dinner and prefer to listen, I'd rather text-to-speech than be forced to listen to begin with.

But, I guess that's just me. Reading seems to be a dying art.

[2naSalit]

4. Perhaps a

transcript is not available?

[TreasonousBastard]

5. I couldn't find one, and so we ask "Why not?"

[2naSalit]

6. Fair enough...

I have found his commentary rather informative and insightful, when I have the time to listen... being dyslexic, I'd rather listen than struggle through the text. It's good information,usually, for those who are not truly familiar with the points he is making about our current state of affairs as a nation and economic condition.

[marmar]

7. Ok, but this is posted in the video/multimedia forum, no?

[TreasonousBastard]

8. So it is. OK, I'll take the hit for not checking when I click on stuff from the main page.

[Dark n Stormy Knight]

10. They've got this newfangled device called a media player. You can load audio and video for listening

or viewing wherever you are, whenever. So, no need to "sit by the computer."

Ridiculous? No. It's handy listening to interesting info while cleaning the house, gardening, etc. And even after you get one of these devices, you are still free to read.

Heck. You can even get a multi-functional portable device on which you can to actual "reading." Google "ipod touch," also "smart phone."

[TreasonousBastard]

11. You are missing the point entirely.

[Dark n Stormy Knight]

12. Not missing it. Disagreeing with it.

So, how long should I sit by the computer and listen...

I explained that you don't have to sit by the computer and listen.

when I could read it, save the copy, or just be better off with something in writing that takes less of my time and gets the message across?

I said that when one has a lot of time and is free to listen, but not to read, audio is a good way to receive information.

We're overwhelmed with unnecessary video and audio.

Totally subjective point with which I don't entirely disagree. But, for one thing, in addition to audio's usefulness in certain situations, video can often provide information that can't be conveyed as well in other formats.

If I'm sitting in the car or eating dinner and prefer to listen, I'd rather text-to-speech than be forced to listen to begin with.

Nobody is forcing you. Usually.

But, I guess that's just me. Reading seems to be a dying art.

It's not just you, but that doesn't mean you're right. The option of getting information from audio and video does not necessarily make reading a dying art. I read a lot. I also listen to a lot of recorded audio speech.

On the other hand, I think I can relate to your complaint. I'm often annoyed when I click on a link that I think will be text and it's video. Especially if that video starts playing immediately when the page opens. Aaaargh! Often there's extraneous stuff in the video, or it's one of those creepy infotainment shows, or I'm already listening to music, so I don't want more audio.

Gotta get back outside to my gardening and a great audiobook. Later.

[Dark n Stormy Knight]

9. Donchat love when the first person to reply to your OP is bitching at you?

For those of us who like to learn while doing other tasks, say cleaning the house, or gardening, it's not ridiculous to download and listen to audio. So, thanks to you for the post. I'll be listening to it a little later today.