There’s an economic crisis but is capitalism itself in crisis? It certainly doesn’t appear very healthy with foreclosure rates mounting, food prices and energy costs soaring, and daily calls for taxpayers to bail out banks. And the government seems to have little in the way of solutions. As Naomi Klein, author of The Shock Doctrine says on our panel tonight, “Bush is an advertisement for the uselessness of government.” His calls for consumers to spend more along with Phil Gramm’s comment that the crisis is mental indicate a level of cognitive dissonance that we haven’t seen since, well, Hurricane Katrina. There are two worlds in this country and the schism is widening.

Here to discuss the current economic crises along with Klein are Jeff Madrick, author of The Case for Big Government, and Bhairavi Desai, Executive Director of the Taxi Workers Alliance.

And a conversation with Ethan Canin, author of America America and David Rosen, Editor in Chief of the Progressive Book Club. Canin talks about the empathy of fiction and how looking through the keyhole into other worlds can change the way we think about ourselves and about politics. He calls it a politics of generosity and says that fiction allows people to understand these other worlds. Plus some suggestions on what to read this summer.

Finally the American News Project on contract oversight in Iraq. Kellogg Brown and Root’s malfeasance leads to the death of at least 11 American soldiers. And from Pangea Day, creative ways of playing football in Mozambique. All that and more on GRITtv.

Laura Flanders

Laura Flanders

Laura Flanders, author, and host of RadioNation on Air America Radio, has built a reputation for courageous investigative journalism coupled with compassion and a sense of humor. In writing her last book, Blue Grit, she traveled the country reporting on grassroots success stories and broadcast live to over 150 radio stations from community centers in places including Helena, Salt Lake City, New Orleans, Miami, Las Vegas, and Milwaukee. In her television appearances (Lou Dobbs, Larry King Live,) on radio and in her many books (including Bushwomen: Tales of a Cynical Species) and articles (The Nation and others,) Flanders calls for a new politics of fairness, equality and citizen action. Articulating the human dimension of American communities in trouble, her programs have become destinations for those seeking the skills and the will to make a difference. Flanders is a regular contributor to the Nation Magazine and CNN. Before joining Air America, where she was part of the original lineup, and hosted “The Laura Flanders Show” for three years, Flanders was the founding host of the award-winning “Your Call” weekday mornings on public radio, KALW in the Bay Area and CounterSpin, the radio show of the mediawatch group, FAIR.