Capitalism in Crisis: The Main Threat to U.S. Capitalism is U.S. Capitalism
The Socialist Program with Brian Becker
The Socialist Program
4.7 • 587 Ratings
🗓️ 24 March 2021
⏱️ 33 minutes
🧾️ Download transcript
Summary
Brian and Prof. Wolff discuss the Biden administration's new major economic proposal, promising to spend trillions to create huge numbers of jobs and enact policies beneficial to working people. But what is this plan really?
Richard Wolff 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”. You can check out his work at rdwolff.com
Transcript
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| 0:00.0 | The Biden administration is rolling out its new major economic proposal, promising to create |
| 0:07.0 | huge numbers of jobs and enact policies beneficial to working people. |
| 0:12.7 | But what is this plan really? |
| 0:16.4 | We need a new system. |
| 0:18.5 | We need a new society. |
| 0:20.4 | 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. |
| 0:59.0 | Capitalism is in crisis and capitalism is the crisis. |
| 1:04.0 | We are excited to have Professor Richard Wolfe join us for our regular weekly segment, |
| 1:09.0 | where we talk about the biggest stories related to |
| 1:11.7 | the economy, the state of the working class, and the crimes of big business. |
| 1:16.6 | The Socialist Program brings you content three days a week. |
| 1:19.7 | Thanks to the support of our patrons at patreon.com forward slash the socialist program. |
| 1:27.1 | We appreciate all of your support and encourage you to become a patron today if you enjoy |
| 1:32.6 | listening to this show. |
| 1:34.8 | Richard Wolfe is the co-founder of the organization Democracy at Work. |
| 1:38.6 | He's the author of many books, the latest being, |
| 1:41.8 | The Sickness is the System when Capitalism capitalism fails to save us from pandemics or |
| 1:47.4 | itself. You can check out his work at rd wolf.com and that's r d woldff.com. Richard Wolfe, |
| 1:56.7 | welcome back. Thank you. Glad to be here. Thank you for joining. Okay, we're going to talk mainly |
| 2:03.3 | today about the big news, the big, big news about the economy. President Biden in the Biden |
| 2:11.7 | administration rolling out what is described as a massive, massive infrastructure plan, a $3 trillion plan coming as it does on top of |
| 2:21.7 | the $1.9 trillion relief package that was passed a couple weeks ago. A lot is being made about how |
... |
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