Capitalist Vultures Cause Homelessness
The Socialist Program with Brian Becker
The Socialist Program
4.7 • 587 Ratings
🗓️ 8 December 2021
⏱️ 34 minutes
🧾️ Download transcript
Summary
On today's episode Brian and Prof. Richard Wolff discuss two sickening injustices of the capitalist economy -- landlords going after the children of the tenants they target for eviction & the ultra-wealthy keeping over $10 billion more of their inheritances in 2020 thanks to the Trump estate tax cuts! Why do we live in a system where children are evicted while the extremely rich get even richer?
Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can check out his work at rdwolff.com.
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Transcript
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| 0:00.0 | Today we'll discuss two sickening injustices of the U.S. capitalist economy. |
| 0:08.4 | As the housing crisis intensifies, landlords are now stooping so low as to go after the |
| 0:15.7 | children of the tenants they target for eviction. And at the same time, the ultra-rich are enjoying a historic decline |
| 0:24.8 | in their payments for the estate tax on large inheritances, saving over $10 billion in 2020 alone |
| 0:33.7 | thanks to the Donald Trump tax cuts. |
| 0:43.7 | 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. Dapening unemployment, a looming wave of evictions, massive and widening inequality. |
| 1:18.6 | There's no denying it. Capitalism is in crisis and capitalism is the crisis. |
| 1:25.6 | We are very excited to have Professor Richard Wolfe join us again for |
| 1:29.3 | our regular weekly segment where we talk about the biggest stories related to the economy, |
| 1:34.9 | the state of the working class, and the crimes of big business. I'm your host, Brian Becker. |
| 1:41.1 | The Socialist Program brings you content three days a week. Thanks to the support of our |
| 1:46.3 | patrons at patreon.com forward slash the socialist program. We can't do this show without our patrons. |
| 1:54.5 | We appreciate all of your support and encourage you to become a patron today if you enjoy |
| 2:00.3 | listening to this show. |
| 2:02.3 | Richard Wolfe is the co-founder of the organization Democracy at Work. |
| 2:06.2 | He's the author of many books, the latest being The Sickness is the System |
| 2:10.9 | when capitalism fails to save us from pandemics or itself. |
| 2:16.2 | He also has a new hard copy edition of his book, Understanding Marxism. |
| 2:22.0 | It's only been recently released. |
| 2:24.1 | It features a new lengthy introduction, which strengthens the case for why Marxism is worth |
| 2:30.5 | understanding. |
| 2:31.5 | You can check out all of his work at R.D.Wolf.com. That's R-D-W-O-L-F-F.com. |
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