It seemed the good times would never end. Pennies from heaven even rained down on Wal-Mart shoppers. Until one day in the fall of 2008, it all came crashing down. We sort through Wall Street’s ruin and Main Street’s rubble to find what went wrong, and what needs to be done to replace a system of brutal trade-off’s between affluence and poverty, with a balance of shared prosperity.

Guests:
James Galbraith, Associate Professor of Management, Lloyd M. Bentsen Jr. Chair in Government/Business Relations, Professor of Government, LBJ School of Public Affairs, University of Texas at Austin
John Cavanagh, Director, Institute for Policy Studies and part of the Global Economy Project at IPS

(Click on a guest’s name to listen to their full unedited interview.)

Credits:
Host: Mark Sommer
Senior Producer: Gregg McVicar
Associate Producers: Naihma Deady, Matt Fidler
Production Engineer: Michael Schwartz
Field Engineers: David Alvarez

Music in this Program: Open – “Blues for John Lee” by Charlie Musselwhite – Virgin Records; “A United Earth I” by Alan Stivell and Youssou N’Dour – Putumayo World Music; “Clear Blue” by Laterna – Badman Records; “This World Was Made For Everyone” by Tim O’Brien – Proper American; “Blue Indians” by John Trudell – Ulftone; “Honey Where’s The Money Gone” by Solomon Burke – Shout Factory.

ON A World of Possibilities | February 7, 2013 |

When the Music Stopped

It seemed the good times would never end. Pennies from heaven even rained down on Wal-Mart shoppers. Until one day in the fall of 2008, it all came crashing down. We sort through Wall Street’s ruin and Main Street’s rubble to find what went wrong, and what needs to be done to replace a system of brutal trade-off’s between affluence and poverty, with a balance of shared prosperity.

Guests:
James Galbraith, Associate Professor of Management, Lloyd M. Bentsen Jr. Chair in Government/Business Relations, Professor of Government, LBJ School of Public Affairs, University of Texas at Austin
John Cavanagh, Director, Institute for Policy Studies and part of the Global Economy Project at IPS

(Click on a guest’s name to listen to their full unedited interview.)

Credits:
Host: Mark Sommer
Senior Producer: Gregg McVicar
Associate Producers: Naihma Deady, Matt Fidler
Production Engineer: Michael Schwartz
Field Engineers: David Alvarez

Music in this Program: Open – “Blues for John Lee” by Charlie Musselwhite – Virgin Records; “A United Earth I” by Alan Stivell and Youssou N’Dour – Putumayo World Music; “Clear Blue” by Laterna – Badman Records; “This World Was Made For Everyone” by Tim O’Brien – Proper American; “Blue Indians” by John Trudell – Ulftone; “Honey Where’s The Money Gone” by Solomon Burke – Shout Factory.

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