How Reaganomics Killed the American Middle Class, Thom Hartmann, Prof. Richard Wolff
In another special economics edition, Thom discusses what Ronald Reagan's economic policies have done to America's middle class in the last 35 years with economics Professor Richard Wolff, author of the book "Democracy at Work: A Cure for Capitalism". Nov. 11, 2015, (56 mins.).
Topics include: the era of Keynesian economics and prosperity, 1935-1981; the Great Depression and FDR's New Deal; the growth of the union movement in America; widespread affordable college education and home ownership for WWII Veterans with the govt. GI Bill and newly created FHA, Federal Housing Authority to guarantee home buying.
Thom and Prof. Wolff outline the conservative right's support for the rise of the Reagan revolution by the 1970s and what resulted; they assess where we are today and propose ideas for a stronger, fairer economy for American workers. A very informative talk so grab a beverage & popcorn to hear what two of the brightest progressive minds have to say.
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there had been instructors like that at school. Both are terrific educators and communicators. 
The spirit of Reagan is contained.
resources like the numerous policy and advocacy think tanks and media outlets (Fox and others) that have been implemented for decades to advance the right's policies. The Lewis POWELL MANIFESTO of 1971 which Thom talks of was THE major kickoff alarm to conservatives to set up lobbying groups in WDC to influence legislation, take over the media, follow and impact academia, etc. that's all come to pass. Mentioning Bernie was relevant to the conversation and nice to hear. 
Academia is also where right is pouring in money in the last 25 years. The Kochs fund more than 300 US colleges and universities all over the country, especially business schools and economics depts. In some schools they determine the selection of staff and professors who teach young people their ideology. It's a very dangerous development and some students groups are trying to call attention to the Kochs' influence now.
spread the info.
Thanks for posting. 
in American workers standard of living since Reagan. And it's clear that a new model needs to be forged to repair the damage of Reagan and Friedman and to foster a more sustainable economy and society. Our survival and democracy's continuance depend on it.
John Maynard KEYNES was the most progressive economist of his time. His ideas influenced FDR, Brit. Labor PM Clement Attlee (1945-1951) and western democracies that adopted govt. intervention policies, demand side economics and the social safety net, welfare state.
An entire generation of US economists like John Kenneth Galbraith, Joseph Stiglitz and Paul Krugman were impacted by Keynes economics and social democratic government polices.
Again, the breakdown of Keynesian economics and the welfare state by conservatives since the mid-1970s requires a different system that's more resistant to the powerful right as Wolff states. It's a challenging order but people have the creativity, strength and determination to make it happen.
~The Great Depression of the 1930s: A Visual Legacy, The result of 3 pro-business Republican presidents before FDR~
leadership of SAG and his lack of presidential qualifications, Arnold S. and so forth. Garner was always great, a real good guy and versatile actor.
very clearly. And is it ugly. Past time to end free market, trickle down voodoo economics for the sake of the people and earth it's killing. I'm talking to you too, Maggie.
Three consecutive GOP presidents, Harding, Coolidge and Hoover ran the same anti-regulation, anti-govt., pro business, trickle down, loose credit and easy money policies throughout the 1920s and look what happened. The international Financial Crash of 1929 and the worldwide Great Depression that brought untold misery and tripped Germany toward 1930s full on Fascism and WWII. Haven't we learned, yet?
Reaganomics and Thatchernomics and the start of a new sustainable system, NOW before it's too late.
