The Global Economic Crisis

Connor's picture

THIS COURSE HAS BEEN POSTPONED until further notice.

This course is open to all who want to learn about the economic crisis. No background knowledge in economics is necessary.

In 2008 Chairman of the Federal Reserve Ben Bernanke, while watching financial markets go ballistic and nearly grind to a halt, decided that without immediate and heavy-handed intervention the global economy would plunge into depression. The U.S. Federal Government rushed to pump trillions of dollars into financial markets. Now, “austerity” is being invoked across Europe and North America—including here in Minnesota—as a necessary adjustment in a time of crisis.

The aim of this course is three-fold: first, to understand how and why capitalism creates crisis. Second, to understand how this particular crisis developed over time and space, up to the present. Lastly, to discuss and better understand progressive and radical alternatives to the right-wing responses—e.g. austerity measures—to economic and social problems related to the crisis.

The class will meet four times in March, once each week. The first class will include a lesson on theories of capitalist crisis and a brief discussion of the last global crisis of capitalism which erupted in the 1970s. Then there will be one reading every week (15-35 pages), which will be the basis of our discussions in class. There are also some videos we can watch in class or on our own during the week, and I'll bring in some other materials to contribute to the discussion such as political cartoons, newspaper clippings and popular magazine articles.

Before the course starts I will talk to each participant via e-mail to decide on the specifics of the class, including the exact schedule and readings.

Facilitator email(s): 
[email protected]
Connor's picture

Course Cancellation

Hi Everyone,

I'm sorry to say that because there are fewer than five people who have replied to my request to confirm their plan to attend the class (assuming that those who registered after I sent out the e-mail would reply to say that they are interested)we will not be holding the class. I would be happy to do it any ways if I were currently in Minneapolis, but I am in Madison working on this new labor movement.

I will offer a condensed version of this course on the week of March 14th, maybe that Wednesday. I'll post the detail as soon as I have them. Sorry for any inconvenience.

Connor

Connor's picture

Course Cancellation

Hi Everyone,

I'm sorry to say that because there are fewer than five people who have replied to my request to confirm their plan to attend the class (assuming that those who registered after I sent out the e-mail would reply to say that they are interested)we will not be holding the class. I would be happy to do it any ways if I were currently in Minneapolis, but I am in Madison working on this new labor movement.

I will offer a condensed version of this course on the week of March 14th, maybe that Wednesday. I'll post the detail as soon as I have them. Sorry for any inconvenience.

Connor

Location

University of Minnesota, West Bank
Blegen Hall Room 120
Minneapolis, MN
United States
Facilitator's experience: 
I studied political economy as an undergraduate at the University of Minnesota and have a personal fascination with the subject of the class. I also have been active in organizing for economic justice in Minnesota.
Class minimum size: 
5
Class maximum size: 
20
Time/Location
Class times: 
Wed, 03/09/2011 - 18:00 - 19:30
Wed, 03/16/2011 - 18:00 - 19:30
Wed, 03/23/2011 - 18:00 - 19:30
Wed, 03/30/2011 - 18:00 - 19:30
Location Accessibility: 
Yes
Address: 
University of Minnesota, West Bank
Blegen Hall Room 120
Minneapolis, MN
United States
44° 58' 18.426" N, 93° 14' 35.9304" W
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