Today we continue a series of discussions about the basics of Marxism, a method for understanding

and changing the world used by organizers, activists, scholars, and many of the great

revolutionaries in modern history.

Our topic for this week is oil, perhaps more than any other commodity, oil is essential to the

functioning of the global economy. We'll discuss why this is and how capitalists have

ferociously competed over the years to control the world's supply of oil.

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 unemployment, a looming wave of evictions, massive and widening inequality.

There's no denying it.

Capitalism is in crisis and capitalism is the crisis.

We are very excited to have Professor Richard Wolfe join us again for our regular weekly segment

where we talk about the biggest stories related to the economy. I'm your host, Brian Becker.

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

at patreon.com forward slash the socialist program. We appreciate all of your support and encourage you to

become a patron today if you rely on this show. If you enjoy listening to it, help support

independent programming. Richard Wolfe is the co-founder of the organization Democracy at

work. He's the author of many books, the latest being

The Sickness is the System when Capitalism

Fails to save us from pandemics or itself.

Be sure to check out his work at r d wolf.com

and that's spelled r d wOLF.com.

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