Political Analysis - 11/8/11

Guest: Dr. Costas Panayotakis 

This week's "Political Analysis" features host Sandy LeonVest reading and ruminating during the first half of the show about the so-called "debt crisis," drawing parallels between Greece's fiscal catastrophe and current political and economic developments here in the US. The second half of the show features an interview with Dr. Costas Panayotakis, author of the new book “Remaking Scarcity: From Capitalist Inefficiency to Economic Democracy,” wherein he makes the case that economic democracy needs to replace the current financial system, which profits financial elites at the expense of ordinary citizens -- and that this "economic democracy" should be the new guiding principle for humanity. Dr. Panayotakis was formerly a Robert Gillece Fellow at the CUNY Graduate Center in New York.

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