The Biden administration rolled out its budget proposal for the coming year on Monday,

proposing an enormous increase to the military budget as the new Cold War intensifies.

Biden also included a proposal to tax the ultra-rich, but is this really enough to make a dent

in the enormous level of inequality in this country.

We need a new system. We need a new society. We need to demand that which may have sounded

impossible even a few weeks ago, but is not only realizable, but an imperative necessity. Deepening unemployment, a looming wave of evictions, massive and widening inequality,

there's no denying it. Capitalism is in crisis, and capitalism is B crisis. We are very

excited to have Professor Richard Wolfe join us for a regular weekly

segment where we discuss the biggest stories relating to the economy, the state of the working

class, and the crimes of big business. I'm Walthus Malerick, filling in for Brian Becker.

The Socialist Program brings you content three days a week thanks to the support of our patrons

at patreon.com

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

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

Democracy at Work and the author of many books, the latest being The Sickness is the System,

when capitalism fails to save us from pandemics or itself.

And a hard copy edition of Professor Wolf's book

Understanding Marxism has now been released,

which features a new lengthy introduction,

which strengthens the case for why Marxism is worth understanding.

You can check out all his work at R.D.Wolf.com.

Professor Wolf, let's start with the military budget increase that Biden is proposing.

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