Streams

"Reset"

Tuesday, August 18, 2009

According to Studio 360’s Kurt Andersen the economic crisis might have an upside. His latest book is called Reset.

Studio 360 airs on WNYC Saturday at 10am on 93.9 FM and Sunday at 7pm on AM 820.

Event: Kurt Andersen will be in conversation with Regina Spektor and Katherine Lanpher
Tuesday, August 18, at 7:00 pm
Barnes & Noble Union Square
33 East 17th Street

Guests:

Kurt Andersen

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Comments [9]

Ken from Soho

I disagree with Kurt's statement that the U.S. economy requires cheap labor, such as illegal aliens from Mexico. On the contrary, our economy requires fair salaries, complying with all minimum wage laws, and withholding taxes paid into authentic social security accounts.

Aug. 18 2009 01:09 PM
Philip from Manhattan

Well, as an employee of mine born overseas has said: "Only thieves in this Country get rich. You think working hard gets you rich? Your Dad, does he work hard? has he worked hard his whole life? Is he rich yet?"

sad, but true. And the subtle realty is the bigger you steal the richer you get.

Guest did make a good point about how middle class has been left behind in this alleged boom.

Aug. 18 2009 01:04 PM
speedy0314 from manhattan

haven't read the book, but i immediately turned off after hearing kurt talking about the effectiveness of the "12 step" method in changing anything.

been through the 12X12 spin cycle, got the tee-shirt, wished i'd never visited in the first place. 12 step is mired in 'magical thinking' & its history is steeped in white male privilege. more to the point, no scientific studies have shown the method to be effective in addressing any form of addiction. 12 step's effectiveness is purely anecdotal.

Aug. 18 2009 12:58 PM
David Hume from Staten Island, NY

How come when we see old photos there are fat, skinny, chubby people. They look just like now. Everyone wasn't skinny back then! who stats these rumors?

Dave

Aug. 18 2009 12:56 PM
aidrian o'connor from brooklyn, ny

We have an economy that is almost completely based on financial services. *The* way to get rich in such a model is through booms and busts... no investor gets filthy rich from slow and steady growth - so what would encourage the powers that be to stop booms and busts from happening?

So I have to disagree with Kurt's tone indicating that we somehow are ignoring or not learning from history... those that have the power to change it simply wouldn't do so because they benefit greatly by the economy booming and busting over and over again.

Aug. 18 2009 12:55 PM
kai from NJ-NYC

A note: On a global scale, there has been a book written by Ed LiPuma long before the crash that compared the international economic system to gambling, particularly as it concerns derivatives and distributive risk.

Financial Derivatives and the Globalization of Risk (Public Planet Books)

Aug. 18 2009 12:54 PM
Michael M Thomas from Brooklyn

a fascinating colloquy. Kurt hasn't the slightest grasp of his subject. Pure blather.

Aug. 18 2009 12:52 PM
Laura from Manhattan

Kurt Andersen admits he's not a populist by nature? This might help to explain why he has no feelings about the tragedy of how middle and working class real wages have fallen since c. 1974 and how the rich have gotten obscenely richer.

Can we have some populists as guests on public radio? For example, Doug Henwood or Prof. Michael Parenti.

Thanks. (I love listening to Leonard Lopate--a real master)

Aug. 18 2009 12:49 PM
Phyllis

In other words, Americans are stupid. Yeah, what else is new.

Aug. 18 2009 12:46 PM

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