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 the crisis.

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

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

class, and the crimes of big business.

We'll talk about the economy, how it could be reconstituted and reorganized on a new

basis so that the needs of the people

and the planet come before profit.

Richard Wolfe is the co-founder of the Organization Democracy at Work and the author of many

books, the latest being, the system is the sickness when capitalism fails to save us from pandemics

or itself.

You can check out his work at rd.wulf.com.

That's r d.wolff.com.

Professor Wolf, welcome to the show.

Thank you very much. I'm glad to be here.

Thank you so much for joining.

We have a few stories we want to cover in the small amount of time that we have available.

Let's just first start with what's in the news, which doesn't mean it's necessarily the most important,

but because it's in the news, people doesn't mean it's necessarily the most important, but because it's in the news,

people will be talking about it. Joe Biden has decided to pick the former chair of the Federal

...