Oct 9, 2008

Diane Rehm Show: The Future of American Capitalism

Thursday's show features several leading U.S. financial analysts discussing the impact the crisis is having on national and global capitalist trends and planning, as well as the uncertainty of the future.

While not from an anti-capitalist point, the show is helpful in further understanding how sections - liberal, conservative, and centrist - of the ruling class perceive the crisis, but also is important in that in the public discourse there is an actual questioning of the viability of "capitalism" as we have "known" it.

11:00The Future of American Capitalism

Some say the efforts to address the economic crisis in the U.S. could lead to long-term and fundamental changes in the American model of capitalism. A look at possible changes ahead in our economic system.

Guests

Kevin Phillips, political and economic commentator and former Republican White House Strategist, his 13 books include "American Theocracy" and "American Dynasty."

William Greider, national affairs correspondent for "The Nation" author of "The Soul of Capitalism" and soon to be published: "Come Home, America: The Rise and Fall (and Redeeming Promise) of Our Country"

Stephen Moore, member of the Wall Street Journal's editorial board and former President of the Club for Growth

John Makin, economist, visiting scholar at American Enterprise Institute, and former consultant to the U.S. Treasury, the Congressional Budget Office, and the International Monetary Fund

listen here. click on link and follow to the "Listen to this Segment" tab on the left of the page

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