Tuesday, October 20, 2009

Corporate Capitalism, The Banking Industry, and the Current Economic Collapse: What Is To Be Done?



On September 13, 2009 the Brooklyn Book Festival in New York sponsored a symposium entitled "The Great Recession" featuring the authors, activists, and political journalists Naomi Klein, Justin Fox, and Kai Wright. This very informative and wide ranging discussion encompassed a broad critical examination of the present crisis in the banking industry and its political and ideological ramifications for the millions of people who have been and continue to be utterly devastated by the massive foreclosure of their homes and the spiraling unemployment rate that is now in double figures throughout the country. Moderated by New York Daily News columnist and radio host Errol Louis this panel was originally televised on C-SPAN2 in their BookTV series.

About the Program

From the 2009 Brooklyn Book Festival, a panel discussion on the current economic recession. The panelists are: Justin Fox ("The Myth of the Rational Market"), Naomi Klein ("The Shock Doctrine") and Kai Wright ("Drifting Toward Love"). The discussion is moderated by New York Daily News columnist Errol Louis.

About the Panelists:

Justin Fox is the business and economics columnist for Time magazine where he writes the blog The Curious Capitalist for Time.com. Mr. Fox was formerly a writer and editor at Fortune magazine. He is the author of "The Myth of the Rational Market."

Naomi Klein writes a weekly column for The Nation and The Guardian She is the author of "No Logo: Taking Aim at the Brand Bullies" and "Fences and Windows: Dispatches from the Front Lines of the Globalization Debate" and the critically acclaimed bestseller "The Shock Doctrine: The Rise of Disaster Capitalism" which has been translated into 27 languages worldwide. Ms. Klein was formerly a fellow at the London School of Economics.

Kai Wright is a Brooklyn based writer and editor. His work has appeared in The Progressive, Mother Jones, The Village Voice, and other media outlets. He is the author of "Soldiers of Freedom: An Illustrated History of African Americans in the Armed Forces" and "Drifting Toward Love: Black, Brown, Gay, and Coming of Age on the Streets of New York"