Interview with David McNally on the economic crisis:

http://www.againstthegrain.org/program/138/id/031405/wed-1-14-09-anatomy-crisis


In David McNally's analysis of the nature and causes of the ongoing economic crisis, he highlights, among other things, the volatility of money, the uses and abuses of working-class debt, a post-1982 expansion in global capitalism, and the fateful financialization of the economy. Debt has played a significant role, he argues in a recent article, in disciplining workers and poor people both here and abroad.