The Coming Collapse of the Middle Class
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Distinguished law scholar Elizabeth Warren teaches contract law, bankruptcy, and commercial law at Harvard Law School. She is an outspoken critic of America's credit economy, which she has linked to the continuing rise in bankruptcy among the middle-class. Series: "UC Berkeley Graduate Council Lectures" [6/2007] [Public Affairs] [Business] [Show ID: 12620]
Channel: Education
Uploaded: January 31, 2008 at 7:43 pm
Author: uctelevision
Length: 57:37
Rating: 4.87
Views: 102591
Tags: bankruptcy class economy middle
Video Comments
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krystyna12m (October 12, 2008 at 11:03 am)
are you a man? then get in here!
mtgentry (October 11, 2008 at 5:17 am)
God I love the internet. Thank you so much for posting this.
medspatic777 (October 10, 2008 at 6:45 am)
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lucinda2005 (October 7, 2008 at 10:34 pm)
good info. thank you. Ms. Warren should be the Vp!
roclsdc (October 4, 2008 at 3:28 pm)
wow that was eye opening and so much more useful than the evening news gloss over of this topic. It also opens the door on the surge of small govt. agenda of the middle class who can't afford to do anything but to manage their own squeezed dollars. It's interesting she starts in 1971 since that is when nixon took us off the gold standard. Wonder if that is coincidence?
matthewshurt (October 3, 2008 at 3:36 am)
Well said!!
Pentanee (October 2, 2008 at 3:48 pm)
What's really behind the downward spirals that EW points out here? Look closely! It is the corporotocracy of bankers, government and business, encouraging consumption, encouraging debt, raising taxes, shrinking dollars, inflation, higher costs, more necessities, etc. Her next lecture should be 100 ways the corporotocracy is billing us for killing us. The People of America need to tax strike their government until all special interest links between banks and business are dissolved. POVERTY!
pablocorazon (October 2, 2008 at 12:11 pm)
Interesting,helps answer the question if we've got more money why are we poorer. I understand the point that in real terms food, apparel, appliances and 'per car' costs are down. The shifting pattern of consumption is not explained. There are more calls on a pay check now - PCs,iPods,cell phones,SatNav,health clubs, travel/holidays (did our parents have 2 long hauls a year in 1971 ?). Can't believe it's just the top 2/3% of earners who enjoy these.
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hujjesb (September 27, 2008 at 5:28 pm)
greed = no more jobs ha ha ha brill |