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

and changing the world used by many of the great thinkers, organizers, and revolutionaries

in modern history.

Today, we'll discuss the role of finance and the big banks.

Why does Wall Street reign supreme in the capitalist system?

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.

Thank you. 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 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, the state of the working class, and the crimes of big business.

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 enjoy listening to this show.

Richard Wolf is the co-founder of the organization Democracy at Work.

He is 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 rd-wulf.com.

That's R-D-W-O-L-F-F.com that's r d wOLFf.com professor wolf welcome back thank you glad to be here

while we're continuing our march through different definitions and categories that are essential to

understanding marxism marxist economics, Marxist theory.

Today we're going to be talking about the role of the banks.

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