Capitalism in Peril - Democratic Socialism to the Rescue?
Seminar"/>

Capitalism in Peril – Democratic Socialism to the Rescue?
Seminar

Capitalism in Peril – Democratic Socialism to the Rescue?

Since its emergence in the late 1700s, Capitalism has been the most successful economic system that the world has ever seen. However, the colorful success stories cannot hide the grim realities of extreme income inequality, cyclical instability, social destitution and what has been termed by some as the ecological “death spiral”. In this interactive seminar, Ted Auerbach presents the democratic socialist alternative and, discusses its potential for recapturing the lost genius of American prosperity.

Mr. Auerbach is a New York based retired school teacher. He has been a peace and social justice activist for over 50 years.

Date: Monday November 18th, 2019
Time: 6:30 PM – 8:30 PM
Speaker: Ted Auerbach

Registration fee: $5
Payment or proof of payment must be provided at event.

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    Thu, June 17, 2021 | 11:00 AM – 12:30 PM EDT


    In this webinar, Pr. Louis Philippe Rochon takes a fresh look at the links between monetary policy, asset bubbles and inequality.

    It is often argued that asset inflation and real estate bubbles are the result of accommodative monetary policy: low interest rates encourages borrowing for speculative purposes.

    Undoubtedly, this has been the case as an increasing part of borrowing is not meant for productive purposes.

    In this webinar, Prof. Rochon will argue that this is a misreading of the facts. Rather than laying the blame at the feet of low interest rates, bubbles may be caused by growing inequality as well as by the excessive deregulation.

    Learn why governments need to re-regulate borrowing and, introduce such policies as financial transaction taxes to prevent asset inflation and specifically real estate bubbles.

    A link to join the online seminar will be provided via email before the start of the webinar.

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