Economic Meltdown-Causes & Consequences

Please attend this important event. It will put the economic meltdown into perspective in that it will explain why the best economists in the world told the richest capitalists to invest in the financial sector that is now collapsing bringing the whole economy down with it. It will explain how capitalism logically progressed to this irrational impasse where the government is forced to give away our money to the richest billionaires in the world just to keep the system afloat. It will attempt to explain what this will mean for the coming period. It will be a very informative and important event.

Economic Meltdown
Causes & Consequences
Wed. March 11 at 7pm
39 Evans Hall, UC Berkeley
Speakers:
Jeff Mackler
Bruce Pardol
Sponsored by: Youth for Socialist Action
(contact: simnew [at] berkeley.edu)

-Education budget cuts.
-Soaring unemployment.
-U.S. wealth polarization is higher than before the Great Depression.
-For the first time since the Great Depression, our quality of life will be worse than our parents’.

Is this the result of bad leaders or the logic of capitalism?