Capitalism Is the Root of This Crisis
The Socialist Program with Brian Becker
The Socialist Program
4.7 • 587 Ratings
🗓️ 13 November 2024
⏱️ 30 minutes
🧾️ Download transcript
Summary
On today's episode Nicole Roussell and Prof. Richard Wolff discuss the Democrats' failure to discuss the economy—despite it consistently being a vital issue for voters—and how to defeat Trump's far-right agenda.
Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com.
Please make an urgently-needed contribution to The Socialist Program by joining our Patreon community at patreon.com/thesocialistprogram. We rely on the generous support of our listeners to keep bringing you consistent, high-quality shows. All Patreon donors of $5 a month or more are invited to join the monthly Q&A seminar with Brian.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | The economy, or being able to meet our basic needs with our paychecks under capitalism, |
| 0:05.9 | is the main issue that people in the United States care about and vote on. |
| 0:09.7 | What can we expect for the economy under Trump? |
| 0:12.4 | We need a new system. We need a new society. |
| 0:16.4 | We need to demand that which may have sounded impossible even a few weeks ago, |
| 0:20.7 | but is not only |
| 0:22.0 | realizable but an imperative necessity. We are very excited to have Professor Richard Wolf join us for a regular weekly segment where we discuss the biggest stories relating to the economy, the state of the working class, and the crimes of big business. |
| 0:58.1 | I'm Nicole Russel, sitting in for your host, Brian Becker. |
| 1:01.3 | The Socialist Program brings you content several days a week thanks to the support of our patrons at patreon.com slash the Socialist Program. |
| 1:08.3 | We appreciate all of your support and encourage you to become a patron |
| 1:12.0 | today if you enjoy listening to this show. Richard Wolfe is the co-founder of the organization |
| 1:17.1 | Democracy at Work and the author of many books, including Understanding Capitalism, which is now |
| 1:22.1 | available at Democracy at Work.info. All right, so Richard, when Biden and Harris took office in 2021, the Democratic |
| 1:30.6 | Party had control of the White House, the Senate, the House, but didn't actually pass legislation |
| 1:35.9 | providing necessary economic relief for working class families. They actually canceled |
| 1:40.7 | COVID-19 relief programs that had sharply reduced child poverty, provided relief for |
| 1:45.9 | working class families, and maintained a moratorium on evictions. They canceled all that. |
| 1:50.4 | Then while millions have protested the U.S.'s key role in the genocide of Palestinians, Biden |
| 1:55.6 | and Harris have continued sending billions of dollars in bombs to Israel. As a result, more than 9 million voters who voted for |
| 2:02.9 | Biden in 2020 didn't come out this year, and Trump's votes still haven't caught up with his vote |
| 2:07.3 | totals from 2020. CNN exit polls showed that 72% of voters are dissatisfied or angry with the way |
| 2:13.9 | things are going in the United States compared to just 26% enthusiastic or satisfied. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Socialist Program, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Socialist Program and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.