Capitalism in Crisis: Economics and the Rise of Fascism
The Socialist Program with Brian Becker
The Socialist Program
4.7 • 587 Ratings
🗓️ 13 January 2021
⏱️ 34 minutes
🧾️ Download transcript
Summary
On this week's episode of The Socialist Program's regular segment "Capitalism in Crisis" with Prof. Richard Wolff, we discuss the role played by economic factors in the growth of fascist movements. Brian and Prof. Wolff discuss how the core features of capitalism provide fascism with an opportunity to rise and take power.
Transcript
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| 0:00.0 | The rising tide of fascist organizations and armed ultra-right militias came into clear |
| 0:08.1 | view with a temporary seizure and dispersal of Congress on January 6th. |
| 0:15.2 | We need a new system. We need a new society. We need to demand that which may have sounded impossible |
| 0:21.6 | even a few weeks ago, but is not only realizable, but an imperative necessity. |
| 0:27.6 | ... Deepening unemployment, a looming wave of evictions, massive and widening inequality, there's no denying it. |
| 1:00.0 | Capitalism is in crisis and capitalism is the crisis. |
| 1:05.0 | We are excited to have Professor Richard Wolfe join us once again for our regular weekly segment where we discuss |
| 1:12.2 | the biggest stories related to the economy, the state of the working class, and the crimes of |
| 1:17.8 | big business, and we talk about how the economy can be reconstituted on a new basis so that |
| 1:25.1 | the needs of the people and the planet come first. |
| 1:28.9 | Richard Wolfe is the co-founder of the organization Democracy at Work. |
| 1:33.1 | He is the author of many books, the latest being, |
| 1:36.3 | The System is the Sickness When Capitalism Fails to Save Us from Pandemics or Itself. |
| 1:43.5 | Be sure to check out his work at R.D. Wolf. |
| 1:46.0 | That's R-D-W-O-L-F-F.com. |
| 1:50.2 | Professor Wolf, welcome back. |
| 1:52.0 | Thank you, Ron. I'm glad to be here. |
| 1:54.0 | Thank you for joining us. |
| 1:55.6 | Of course, we talk with you every week about economics and the big story of economics. |
| 2:02.5 | But of course, economics is interconnected with politics. |
| 2:07.4 | Perhaps, as some say, economics is concentrated politics or vice versa. |
| 2:13.5 | Politics is concentrated economics if you're coming from a class point of view. |
... |
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