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The Socialist Program with Brian Becker

Addicted to War: The ABC's of U.S. Military Spending

The Socialist Program with Brian Becker

The Socialist Program

Politics, News

4.7587 Ratings

🗓️ 22 September 2021

⏱️ 33 minutes

🧾️ Download transcript

Summary

On today's episode we discuss the military-industrial complex in the wake of the nuclear submarine deal between the United States and Australia, which sparked a diplomatic crisis with France. A new alliance between the US, Australia and the UK trashed a submarine deal France had with Australia worth tens of billions of dollars, awarding the sale instead to the United States. How does the war economy help keep U.S. capitalism afloat?

Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can check out his work at rdwolff.com.

Please make an urgently-needed contribution to The Socialist Program by joining our Patreon community at patreon.com/thesocialistprogram. We rely on the generous support of our listeners to keep bringing you consistent, high-quality shows. All Patreon donors of $5 a month or more  are invited to join the monthly Q&A seminar with Brian.

Transcript

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0:00.0

Today we discuss the military industrial complex in the wake of the nuclear submarine deal

0:06.8

between the United States and Australia that has caused a diplomatic crisis with France.

0:13.0

A new alliance between the U.S., Australia and the U.K., has trashed a submarine deal France

0:19.3

had with Australia worth tens of billions of dollars

0:23.3

awarding the sale instead to the United States. How does the war economy help keep U.S.

0:29.8

capitalism afloat? We need a new system. We need a new society. We need to demand that which may have sounded impossible

0:39.3

even a few weeks ago, but is noting inequality, there's no

1:13.5

denying it. Capitalism is in crisis and capitalism is the crisis. We're happy to have Professor

1:21.1

Richard Wolfe join us again for our regular weekly segment where we talk about the biggest

1:26.1

stories related to the economy, the state of

1:28.5

the working class, and the crimes of big business. I'm your host, Brian Becker. The Socialist

1:34.1

Program brings you content three days a week thanks to the support of our patrons at patreon.com

1:39.6

forward slash the socialist program. We appreciate all of your support and encourage you to become a

1:46.1

patron today if you enjoy listening to this show. Richard Wolfe is the co-founder of the organization

1:52.3

Democracy at Work. He's the author of many books. The latest being the sickness is the system

1:58.3

when capitalism fails to save us from pandemics or itself.

2:03.1

Be sure to check out his work at rd wolf.com and that's r d wOLF.com.

2:09.7

Professor Wolfe, welcome back.

2:11.5

Thank you, Brian. Glad to be here.

2:14.0

Thank you so much for joining.

2:15.3

I mean, we're looking at the headlines in the general interest

2:18.1

newspapers, even the Wall Street Journal, which is, of course, not only a general interest

...

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