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CREA (A'dam) 7 okt: Crisis, schulden en lonen
Real World Economics - 24.09.2010 13:49

(English version at bottom) De maandelijkse avond over kritische economie in CREA (Amsterdam) gaat 7 oktober over de rol die de loonontwikkeling sinds de jaren '70 heeft gehad op het onstaan van de schuldenbellen die de huidige crisis heeft veroorzaakt. In het Engels.

Crisis, schulden en lonen
In het kader van de Real World Economics-serie

CREA, 7 oktober 2010
20.00 uur Turfdraagsterpad 17 Amsterdam
 http://www.crea.uva.nl/agenda.php?agenda_id=622
(English spoken)

Een bepalend moment in de huidige economische crisis was het instorten van de Lehman Brothers Bank in september 2008, veroorzaakt door een weergaloos verlies in de subprime-hypotheekmarkt. Toen wereldwijde paniek uitbrak, improviseerden veel regeringen reusachtige reddings-operaties in elkaar om 'hun' financiële instellingen overeind te houden. Sindsdien hebben deskundigen en economen gepoogd om de omstandigheden te verklaren die geleid hebben tot een dermate instabiele wereldeconomie. Een van de meest gerenommeerde 'crisiswatchers' is Prof. Herman Schwartz (University of Virginia) auteur van ‘Subprime Nation. American Power, Global Capital, and the Housing Bubble’. In zijn lezing vanavond zal hij zijn kennis delen over waren iets dat begon met een 'bel' in de huizenmarkt, culmineerde tot de huidige mondiale crisis. Een van de factoren waar hij op wijst, is de algemene ontwikkeling van lonen en de huizenmarkt, wat geleid heeft tot een massale toename van schulden van huishoudens sinds de jaren '70. Naast Herman Schwartz zal Henk Overbeek aantreden, professor Mondiale Politieke Economie aan de VU en gespecialiseerd in de mondiale crisis en de opkomst van het staatskapitalisme. Henk Overbeek zal zich richten op de ontwikkelingen in Europa en Nederland. Anna Glasmacher (Amsterdam Financial Center Research UvA) zal het programma completeren met feiten over de ontwikkelingen van lonen en particuliere schulden in Nederland.

CREA, 7 oktober 2010
20.00 uur Turfdraagsterpad 17 Amsterdam

-------------------------------

Crisis, debt and wages
In the Real World Economics series at CREA
Thursday 7 October

One of the defining moments of the current economic crisis was the collapse of the Lehman Brothers Bank in September 2008, caused by an unprecedented loss in the field of subprime mortgages. When panic erupted on a worldwide scale, many governments improvised gigantic bailout-operations to rescue their financial institutions. Ever since, analysts and economists have been trying to explain the conditions that led to such an unstable situation of the world economy.
One of the most renowned 'crisis-watchers' is Prof. Herman Schwartz (University of Virginia) and author of the book ‘Subprime Nation. American Power, Global Capital, and the Housing Bubble’. In his talk tonight, he will share his knowledge on why what had started with the US housing bubble culminated in the current global economic crisis. One of the factors he stresses is the general development of wages and the housing market, which led to a massive increase in household debts since the 1970's. Herman Schwartz will be joined by Henk Overbeek, Professor of Global Political Economy (Vrije Universiteit Amsterdam) specialised in the global economic crisis and on the rise of state capitalism. Henk Overbeek will focus on the developments in Europe and the Netherlands. Anna glasmacher (Amsterdam Financial Center Research UvA)will complete the program with facts and figures about the local development of wages and household-debts.

CREA, 7 oktober 2010
20.00 uur Turfdraagsterpad 17 Amsterdam

 

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