Slow-Motion Crisis since the 70s: Loren Goldner on the origins of the current crisis and its connection to the end of the post-war boom

For next week, I've recommended a reading from Loren Goldner, who argues that capitalism as a world system has been in a slow-motion crisis really since the early seventies--and that things like what is called neo-liberalism, the growth of the financial sector and the decline of industry, the exclusion of more and more parts of the working class in the industrial heartlands of the "1st World" (outsourcing, deindustrialization, mass unemployment in former industrial cities, decline of living standards for workers)--are really part of capitalisms managing a slow-motion crisis since roughly 1973. Now these measures are starting to fall apart & he is looking for their roots in the contradictions of capitalism as such not only since the 70s, but with an eye to the history of 20th Century capitalism. The reading I recommended, (The Biggest October Surprise Of All http://home.earthlink.net/~lrgoldner/october.html) is noticeably difficult and what I'm bringing next week is itself an exerpt, but Goldner explains himself very clearly in an interview given on a Berkely, CA Radio Program "Guns and Butter" with bonnie Faulkner, on KPFA, April 4th, 2007.

The interview is titled "Fictitious Capital, Real Retrogression." 59:55 (click to play)

(Loren's website is here: http://home.earthlink.net/~lrgoldner
He has an essay with the same title as the talk here: http://home.earthlink.net/~lrgoldner/retrogression.html)

Lastly, there's a video of Loren Goldner giving a talk on January 22, 2008 at the Whitechapel Center, in London, sponsored by Mute magazine.

Fictitious Capital and Today's Global Crisis a talk by Loren Goldner Part I
I don't know where or even if the second half of the talk has been posted. :(

Enjoy!