i'm joined by an economist who has many books and more than four decades of teaching have focused on marx you know economists economics economic methodology and class analysis he's professor of economics emeritus at the university of massachusetts amherst and is currently a visiting professor in the graduate program of international affairs at the new school university in new york city his latest book is capitalism hits the fan lobel the economic meltdown and what you do about it i'm pleased to welcome from our studios in new york city dr richard wolfe richard welcome. thank you very much. eek let's define some terms first of all i am continually astounded on the radio program that i do during the day by the number of people who call up who are obviously. you know just basic working people who identify themselves as capitalists what in your in your. business as as an economist what is the real definition of a capitalist and of capitalism. oh captain lism is a system in which we basically organize the production of all the goods and services that people depend on in the following way a sma

but it seems to me that marx is analysis of raw capitalism of uninhibited capitalism or what we might today called libertarian or even big our republican capitalism was fairly accurate but the smaller fish would get eaten by the middle fish the little fish getting by the big fish and you'd end up basically with monopolies or oligopolies. is prescription for at least as it's been played out in several governments around the world doesn't seem to have worked your thoughts on all of that and how even the word marxism causes americans to kind of voluntarily jolt. well it might have made sense to understand that jolt factor during the cold war when our enemy in the soviet union representatives self all the time as a marxist country or inspired by marxist theory but it's becoming very strange and and worn thin now that we've been over with the cold war for over twenty years one would think you could develop a little more sophisticated notion marxian theory is one hundred fifty years old it was started by karl marx the middle the last the nineteenth century in the period from then in about e

and jean marx is president of the marx group and small business columnist for "the new york times." great to see you both here. stella, you deal with female entrepreneurs, is there a gender bias when it comes to making money or being a manager? >> i think women do business differently, absolutely. but one of the biggest things i heard diane say is even her guys know how to listen to women. that's what it comes down to is really knowing your consumer, listening to their needs and responding accordingly. and i believe she contributed to that in terms of getting her staff primed to understanding women's needs and how they may approach the shooting range differently than men. >> you know what i love about her, i said it before, but she was a fit-fire. some of the entrepreneurs i have met i have gone in and just love them. she was this kind of woman who you think, wow, i want a little of what you have in there. >> i don't get it sometimes when i see a piece like this in 2011. if you are a smart business owner, i don't know if gender makes a difference. just last week i wrote in my column

england at present is everybody's future is something karl marx said. what you realize when you learn about the history of england, it is a very peculiar country in a number of ways that i will explain and to expect other countries to replicate england's modernization path is highly unrealistic and in fact in my view it was china--china did not establish the first state. that happened a lot of places in egypt and mesopotamia and the valley of mexico but in my view the chinese establish the first modern state. modern meaning not based on hiring cousins and friends to run the government but based on civil service examinations, rational bureaucracy progress little centralized administration. they did this in the third century b.c. and is a historical achievement that i think a lot of people have not adequately recognized. instead of starting with england or greece and rome and going through the rise of democracy, it made more sense to start in china. china created the first modern state. why are other societies different? that is the basic background. ther

. >> do you remember what groucho marx did to you?> yeah. >> dirty old man. >> groucho marx. >> pinched my butt. >> pinched her butt all the time. >> how many people can say they worked with groucho. >> wasn't it groucho who said you're only as old as the woman you feel. >> i haven't heard that one. >> i would have been 14 1/2, no, 15. >> this was completely inappropriate. >> which would have been illegal. >> i miss him. >> who was john wayne like? >> john wayne was a very stoic man. >> tall. >> and just -- >> so sweet. >> he talked like this. >> he was john wayne. >> i'm doing a lot of impressions today. >> why, thank you kid. >> please, don't encourage him. >> you should come on "america's got talent." >> i probably should. >> when we come back, we'll get to the nitty-gritty. you got married. >> thank you. >> not you. >> i got married 33 years ago. >> you just got remarried. >> yes. >> to your ex-husband. >> my first husband, uh-huh. >> unbelievable. we'll be right back. >>> donnie and par ri, we're talking about vegas and it's grea

freight businessmen and a key contact for the italian army in mogadishu john karl marx you know. and the fourth man i'm a network is none other than the then president of somalia. in one thousand nine hundred five a former president monti appoints a oney honorary consul to scuttle only makes full use of his depth of magic status to set up the toxic waste scam ignores the fact that in one thousand nine hundred three international treaty for peds the export of dangerous waste materials from europe to the third world. scud leoni turd northern italian industrial complexes it went from door to door like a common salesman to any industry that needed to rid itself of toxic waste. its destruction is expensive and the offer to do the job on the cheap. among the industrial lists geiger loney called on is this man a scrap metal merchant from the turin region who only agreed to be interviewed on the condition of anonymity. said they were looking for people who had a way to get rid of its workers earlier yes the problem was they had to look for quite a few in order to fill the ship. and i wou

this guy -- dirty old man. >> who, groucho marx?pinched my butt. >> pinching marie's butt the whole time. >> wasn't it groucho who said you're only as old as the woman you feel? >> oh, i love that! >> that's groucho. and i would have been 14 1/2. no, 15. which would have been illegal. nowadays. >> good old groucho. they don't make them like him anymore, do they? what was john wayne like? >> john wayne was a very stoic man. >> tall. >> and just -- >> so sweet. >> he'd talk like this really -- >> he was john wayne. >> i'm doing a lot of impressions. >> you're good. >> "well, thank you, kid." >> don't encourage him. >> you should come onmarksmarks. >> maybe i could get a gig. >> we're going to take a break. when we come back, we'll get to the nitty-gritty. you got married. not you. >> i got married 33 years ago. >> you just got remarried to your ex-husband. >> my first husband. >> unbelievable. we'll be right back. ♪ [ male announcer ] in 2011, at&t is at work, building up our wireless network all across america. we're adding new cell

american publics worse association was also given to both -- to all three richmond senator milton marx branch, library and valley library. the library has invested in historic preservation, consultant studies related to many of our buildings. these services range in cost from $20,000 to $75,000 per project. additional design services associated with historic preservation also added to project costs. let me speak a little bit to the issue of our engagement with the historic preservation commission. when the historic preservation commission formed in 2009, the library was in the busiest space of the branch library improvement program. eight projects were completing design and moving for the bid and award phase into construction and two final projects were in design. they related to the projects in nine separate meetings in 2009 and 2010. each meeting required additional staff time from the library department of public works and often the project architects to teaped the meeting. thrults in an average 12 to 15 hours of staff time conservatively for each meeting. on at least two occasions,

it's all responsibility now to look at ideology and see how we can use it so he may maybe like karl marx spread his ideology of communism then passed away and later we had led in trotsky's talent wherever. that how you know not a comparison. is look there is this is dangerous absolutely i think there's a lesson from more than seventy years i absolutely but you also have to understand is that i think what we have been able to do and particularly the voices of of al qaeda are slowly starting to you know slowly slowly starting to be reduced and particularly i think if you look at what's happening in the arab world and many of the young generations that are coming up they're not talking about radicalism they're not talking about militant islam but what they're really talking about is liberal ideas of freedom and democracy and things like that so this i think is the greatest defeat of al qaeda that all these young generations are talking about other things rather than what bin laden and his you know minions were talking about . bin laden was a very pretty rich guy and he was a member of a ric

tear gas before and say at least one person was killed and nearly a dozen were arrested not but dave marx the founding of the state of israel in nineteen forty eight after which some seven hundred thousand palestinians fled or were expelled in the war about ensuite palestinians want east jerusalem to be the capital of the state they tend to stablish in the west bank and gaza strip. egypt's interim ruling military council has vowed to use all means to crack down water called deviant groups threatening stability and security meanwhile the wife of president hosni mubarak has been detained for fifteen days in cairo pending further investigations into corruption allegations it comes after a couple were questioned on charges of profiteering the former president is also accused of ordering the deaths of regime protesters. have reportedly been killed and eighteen injured after security troops opened fire on protesters in yemen the shooting happened in the town. south of the capital as thousands attended the funeral of another demonstrator killed on thursday people across yemen have been demanding

chances such as death to the most crites nazi salutes hurling rocks and sonograms that is how involved marx made the knife yeah we're here in this picture and my greatest unlike the liberation of this life and the fascists that these people here do not let me come inside the sentry to lay flowers or he's great this is a disgrace it was not that such silly surprise in going on because you had grown as used to protests in victory day these were the scenes from last year on the nationalist right your feet on the red victory banner didn't you don't give me fifty i spent thirteen years and retrenching so i buried my two brothers and killed with me. something like this it happened in another country there is. a lot of their heroes are people regarded lone why does not see collaborators replica shirts with the founders of the one nine hundred forty s. insurgent on the stick on london and honestly that our big hit here there are some this freedom fighters even though for a while they form a long side the nazi army and kill civilians jews and russians in the middle of some manner how the mainstream.

your brother in there the money management space for example you've got bill gross over there pepco marx famously also joining this chorus of those who are selling u.s. government treasury bonds and even shorting u.s. government treasury bonds you have also pointed to this trade as a something to look at what about that idea because not only is it about let's say positioning a portfolio to avoid the risk of owning this u.s. government but these folks and possibly yourself becoming a lot more aggressive because of your shorting those bonds are taking quite an action that as we know with the money flows around the world can actually help or support say the outcome if you know what i mean what are your thoughts that well you know the only problem with shorting the bonds is that big government can print money and keep buying them and that will ultimately prevent bond prices from falling but if they do that in the dollar. abscess and so you're probably better off if you're bearish on treasuries you're probably a safer traders just a short a dollar because if the fed tries to keep treasuries f

marx called it the new man. the idea is that in order for communism to work, you'd have to have a human being with brand new nature. one who renounces all privacy, intimacy, all specialness about friends, family, and so on, and who looks upon the entire human race as his or her brother, or pal, or friend. which is, in my view, totally impossible. a dangerous dream. it's as if you try to take a practicing jazz band that are just sort of blowing and having a good time and blow it up into the world orchestra. it doesn't work. a lot of people are sympathetic because in certain very limited context like a convent, commune, and intimate fraternity sorority, these kinds of relations at at least partly manifested. they are very enjoyable if you get the right crowd. if you don't have the right crowd, like in the mafia, you are not going to enjoy it that much. communism is favored by a lot of people as an impossible dream. but anybody who has ever tried, anybody who has come near it will tell you it's much more like north

i think i'm going to start us off by quoting groucho marx to the effect that before i begin talking, i have something to say. the first thing that everyone, absolutely everyone asks me is how does julia child, of-2 -- 6-2, ever managed to sneak incognito behind enemy lines. the answer is simple: she at no didn't, but we'll get to that later. bon appetit was not a secret code. now, more serious note. the common question i get is what on earth brought me to this topic, how did i come to write about julia child, and how did i know that julia child, the popular french chef of cookbook and television fame, had worked for the country's first intelligence agency? well, the truth is i read it in "the new york post." i happened to see a headline, "secret recipes of spy," and it reported that julia had been employee at the oss, the office of strategic services, which was hastily set up by president roosevelt in the early days of the war. it is the forerunner of today's cia. anyway, i was in washington at the time, this was the fall of 2008, and i us with on my -- i was on my book tour for the

. >> if these marx just plain stubborn try deck cleaner.rks don't come out, rain or sunshine will eventually do the job. >> we contacted crayola and it told us it sold more than 1 million bottles of scombubls less than 1% of consumers have asked for tips on cleanup. it recommends people review the guidance on the bottle before using the bubbles. >> think my hands are a rainbow. >> there are too many rules. you don't want rules and disclaimers and long clean up processes. this is just bubbles. >> just bubbles. >> there is one more warning crayola gives. on the bottle it says, by the way, do not use at weddings. take that advice. for more consumer information go to nbc washington point com and search liz crenshaw and search liz crenshaw's consumer watch. >> when i'm blowing bubbles i don't want to have to think. >> you don't want to carry instructions with you? >> the colors are pretty. >> yes, beautiful bubbles. >> not on sidewalks or decks. >> in the air they're quite lovely. that's what the mom said. >> thank you, liz. >> for paul mccartne

. >> do you remember what groucho marx did to you?dirty old man. >> pinching her butt the whole time. >> really? >> wasn't it groucho that said, you're only as old as the woman you feel. >> i love that. >> that's groucho. >> perfect. >> i would have been 14 1/2, no, 15. >> this was completely inappropriate. >> which would have been illegal. >> good old groucho. they don't make them like that anymore. what was john wayne like? >> stoic. >> tall. >> sweet. >> he talked like this. i'm going a lot of impressions tonight. >> you're good. >> don't encourage him. >> you could come on "america's got talent". >> maybe i'll get a gig. >> when we come back we're going to get into the nitty-gritty. you got married! >> thank you. >> not you. >> i got married 33 years ago. >> you just gotmarmried to your ex-husband. >> my first husband. >> unbelievable. we'll be right back. ♪ [ male announcer ] in 2011, at&t is at work, building up our wireless network all across america. we're adding new cell sites... increasing network capacity, and investing bil

. >> the death of bin laden marx the most significant achievement to date in our nation's effort to defeatqaeda. >> reporter: people came to the white house and to ground zero in new york, a victory celebration at ohio state university, even harsh obama critics offered praise. >> president obama and his national security team acted on the intelligence when it came in and they deserve a lot of credit. >> reporter: but as the nation celebrates. >> justice is served. >> reporter: this was shanksville, pennsylvania, law enforcement tonight is on extra alert. >> it is a key moment that al qaeda has to avenge. >> reporter: and osama bin laden's organization is not dead. so how did the world's most wanted man hide in plain sight? not in a cave, not in the mountains, but in the mansion? senior lawmakers up here, aides down at the white house say the pakistani military has got a lot of explaining to do. live from the marshal naunationm steve handelsman. >> steve, what has the government of pakistan sndz did they really not know that bin laden there was? >> reporter: well, you have to ask who you me

the liftoff marx the beginning of the end of an era. it's the next to last shuttle launch. when "atlantis" takes off later this summer, that is the end of a 30-year shuttle mission. >> i can imagine the anticipation is really exciting. describe scene for us. >> reporter: it's actually amazing. at this hour of night, all along the road, you see people lined up. they have fires. many of them are still awake, talking. they're all waiting for this. we're expecting half a million people. if you want to know it's a nasty traffic problem. the last launch, it took six hours to get everybody off the road afterwards. peggy? >> a special moment later today. thanks for that report, john hendren, line in florida. thanks. >>> this morning, fans are still reeling from the death of 28-year-old hockey star derek boogard. he was a new york pranger, known as the league's most indim dating player. he was found dead in his minneapolis apartment on friday. a concussion sidelined him through much of the season. there's speculation that a brain injury tributecontributed to his death. >>> the nba c

. >> do you remember what groucho marx did to you? >> yeah. >> dirty old man. >> pinched my butt. >> pinched marie's butt the whole time. >> do you know how many people -- >> groucho used to say you're only as old as the woman you feel. >> that's groucho. >> that's perfect. >> i may have been 14 1/2 or 15. which would have been illegal. >> good old groucho. >> what was john wayne like? >> john wayne was a very stoic man. >> tall, so sweet. >> he talked like this really. >> he was john wayne. >> you do a lot of impressions. >> thank you, kid. >> please don't encourage him. >>> when we come back, we'll get to the nitty-gritty, you got married. >> thank you. >> i got married 33 years ago. >> you just got remarried to your ex-husband. >> my first husband. >> unbelievable. we'll be right back. ♪ [ male announcer ] in 2011, at&t is at work, building up our wireless network all across america. we're adding new cell sites... increasing network capacity, and investing billions of dollars to improve your wireless network experience. from a sing

. >> the death of bin laden marx the most significant achievement to date in the latest effort to defeatqaeda. >> reporter: people came to the white house and to ground zero in new york. a victory celebration at ohio state university, even harsh obama critics offered praise. >> president obama and his national security team acted on the intelligence when it came in and they deserve a lot of credit. >> reporter: but as the nation celebrates. >> justice is served. >> reporter: this was shanksville, pennsylvania, law enforcement tonight is on extra alert. >> it's a key moment because al qaeda has to avenge. >> reporter: and osama bin laden's organization is not dead. so how did the world's most wanted man hide in plain sight? not in a cave, not in the mountains, but in a mansion? lawmakers up here and officials at the white house say the pakistan military has a lot of explaining to do. i'm steve handlesman, nbc news, washington. >>> we have more on the long hunt for osama bin laden and the commando raid that led to his death. we are joined by national investigative correspondent michael isi

distortion, and it's one that's been taught still in a lot of the discourse that really begins can karl marx as the present england. this is what you realize when you learn something about the history of england is that it is a very peculiar country in a number of ways i'll explain to you, and to expect other countries to represent england's modernization path i think is highly unrealistic, and, in fact, in my view, it was china, not -- china did not establish the first state. that happened in a lot of places in egypt in the valley of mexico, but the chinese established the first modern state, modern meaning not based on hiring your cousins and friends to run the government, but based on rational bureaucracy and central administration. they did this is in the third century bc. it's an amazing achievement that a lot of people have not adequately recognized and instead of starting with england, or, you know, greece and rome, the magna carta, it made more sense to start with china. that's the basic background. now, there are three important baskets of political institutions that we need to thin

here at the university of pennsylvania school of nursing, associate dean eileen sullivan marx says nurses capable of doing a lot more primary care than they've been allowed to do in the past. >> everyone wants their private doctor, their general practitioner, the dr. wellby if you will. and what i'm saying is that nurse practitioners are the dr. wellby's of today. nurse practitioners cost less to prepare for society, doesn't cost as much for medical school it takes one to two years following a bachelor's degree. and nurse practitioners salary simply aren't as costly as a physicians salaries. >> reporter: some physician groups do not want to see nurse practitioners take over the job of the family doctor. the american medical association in a written statement said, "physicians have more years of preparation than nurses. there is no substitute for education and training" and doctors are "vital to optimal patient care especially in the event of a complication." the american academy of family physicians led by dr. roland goertz doesn't see nurses taking over the role of a primary care physici

the grid lives just enough room to get the gornls grill marx.easy. >> you're not going through that and trying to -- >> chase 12 of them around the grill. >> finally, no one likes to clean up. this makes it easy. >> this is the grill daddy steamer brush. fill it with water. what happens is, like you steam your clothes, the water pelts away the hard, cooked-on the gunk. >> cow can use it on a hot and a cold grill? the hot one is better. >> the hot one is better. this is less expensive than the fancy stain less steel strubers. only $15. >> wow. >> something for everybody. >> if we can just keep the rain away, everybody can start using these. thanks, liz. >>> now we're going up to lara spencer, who recently took a look at some of the hottest fashions for the summer. >>> summer is almost here. we're going to get you ready for sun in the sun with a look at the season's hottest fashion trends. "lucky" magazine fashion editor loli bergamotto is with us. >> thank you for having me. >> "lucky" is so good. >> we're mindful of making savvy shopping decisio

marx 5th army had a lot of trouble in italy too. that was a big attrition battle. he had extensive operations in the balcans to help organize and supply the resistance there especially in greece. in asia, you had oss operations against the japanese and beer ma and -- berma and china. interestingly, douglas mccar-- mcarthur had nothing to do with donovan. for the normandy landing, donovan had a huge intelligence operation providing a lot of good intelligence on the german defenses, a lot of intelligence for the air force for bombing targets, and they infiltrated by air, parachuted in, a number of command does, og's they called them, operational group command commandos that helped organize the french resistance in advance and during the normandy landing. donovan also had a thing for going in on landings. he went in on the normandy landing too. george marshall, the army chief of staff thought donovan was banned from going into the normandy landing for good reason. even the own men thought being that close to the come -- combat was not the place for the american strate

military marx libya began 59 days ago.e on the brink of breaking the law if he continues the mission without congressional approval. >> bring democracy to libya while shredding the constitution of the united states. >> reporter: at issue, the 1973 water powers act which says if the president does not get congressional authorization 60 days after military action, the mission must stop within 30 days. the president formally notified congress about this mission in the this letter march 21st which makes tomorrow the 60-day deadline. inaction is roiling lawmakers on the left. >> he cannot continue what's doing in libya without congressional authorize zig and when a president defiantly violates the law that really undercuts our effort to urge other countries to have the rule of law. >> reporter: with rare agreement from the right. >> i mean, no more important decision than sending someone to war who could lose their life and yet we are going to have no debate on it in the people's representatives would not be allowed a debate on

my folks did not particularly like harpo marx.set in our home for a number of years. >> so, dennis, you watch this tape, you said you think she's awesome. you're watching the audition unfold. what do you think you have your hands on here? >> well, i thought to myself, wow, this is an exceptional talent. it was exactly what you would look for. she was in form, spontaneous, comfortable. able to ask questions easily and readily. made the guests feel comfortable. and i just thought, this person is just a natural television performer, and there's no way we can miss with her, if we can get her here to chicago to do this show full time. >> how did you get her to do it? did you tell her you thought she'd be a huge success? >> well, when the -- when the taping was over, because it was a holiday weekend, literally everybody split. so it was just her and me and so we spent, i don't know, an hour and a half or so together in my office going over a lot of different issues. and she -- you know, she wanted to do the show badly. she wanted to do

marx, a democrat, pennsylvania. caller: he is absolutely right. they got the wrong guy, they did not want to admit it. they brought the body, and deep-6ed, and then this been a began. think about the information that is out there. host: two skeptics guest: i will tell you this today, -- two skeptics. guest: i will tell you this today, outside and knows that bin laden is dead. we have blown apart their network by getting this guy, and i am very confident that we have, and sometimes you cannot convince some people, but the reality is it was a good day for the united states and the free world. now, we need to moves forward and figure out how we dismantle the rest of the loosely-knit, some held high, and some others around the world -- elk hide, and some others, -- al qaid the and some others around the world. host: thank you. our next guest is louie gohmert. we will be right back after this news update. >> more reaction to the killing of osama bin laden -- pakistan is war in the u.s. of "disasters consequences" if more unilateral race against suspect

marx, a democrat, pennsylvania. caller: he is absolutely right. they got the wrong guy, they did not want to admit it. they brought the body, and deep-6ed, and then this been a began. think about the information that is out there. host: two skeptics guest: i will tell you this today, -- two skeptics. guest: i will tell you this today, outside and knows that bin laden is dead. we have blown apart their network by getting this guy, and i am very confident that we have, and sometimes you cannot convince some people, but the realit is it was a good day for the united states and the free world. now, we need to moves forward and figure out how we dismantle the rest of the loosely-knit, somemeeld high, and some others [captions copyright national cable satellite corp. 2011] [captioning performed by national captioning institute] >> republican congressman gohmert on the role of interrogations of guantanamo guantanamo detainees in the u.s. operation to kill osama bin laden. host: opinion piece in the "wall street journal" by an intelligence analyst for isr