The Terminal Crises of Global Capitalism
Economic Update with Richard D. Wolff
00:00
Can Global Capitalism Endure?
William I. Robinson is a distinguished professor of sociology, global and international studies at the University of California at Santa Barbara. His award-winning books are A Theory of Global Capitalism, Latin America and Global Capitalism, and Global Capitalism and the Crisis of Humanity. He predicts in his latest book that "the world right now is on the brink of another recession," but it will be much more severe than 2008 financial collapse.
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