Episode 565 - The Black Capitalism Trap (w/ Dr. Jared Ball, Paul Prescod, & Q. Anthony Ali)
Bad Faith
Bad Faith
4.5 • 2.8K Ratings
🗓️ 9 April 2026
⏱️ 109 minutes
🧾️ Download transcript
Summary
Last week, a 20 minute debate about the merits of capitalism went mega viral, with Professor Marc Lamont Hill singularly defending socialism against a panel of co-hosts on the popular Joe Budden podcast. The former rapper and other panelists raised common objections to, and misunderstandings of, socialism, and exposed a particular commitment to Black capitalism that leftists must reckon with in order to change public consciousness. To that end, Morgan State professor of Africana & Media Studies & host of the I Mix What I Like! podcast, Dr. Jared Ball, Labor Notes staffer & Jacobin contributing editor Paul Prescod, & independent journalist Q. Anthony Ali join Bad Faith to break it all down.
[9:00 AM]
Note that YouTube won't allow us to post the clips from Joe Budden podcast. In addition to listening to it here, you can watch it in full here: https://x.com/TheFilesWithDUB/status/2038580072622260521?s=20
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Produced by Armand Aviram.
Theme by Nick Thorburn (@nickfromislands).
Transcript
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| 0:00.0 | I'm |
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| 0:11.0 | I'm We have an all-star panel of Black Socialists. |
| 0:44.3 | It's simple for you here today to take on one of the most viral clips of the last week or so. |
| 0:51.1 | You might have caught it. |
| 0:52.4 | Mark Lamont Hill, who seems to be the lone socialist |
| 0:56.1 | over a Joe Budden podcast, a very popular Black culture podcast, I guess you would call it, |
| 1:02.9 | erupted into a conversation about socialism versus capitalism and basically got Black |
| 1:08.6 | Twitter in a total firestorm about the definition of these |
| 1:11.2 | terms and whether or not black folks should be defending the likes of Jay-Z, who is the quintessential |
| 1:16.8 | black billionaire who provoked this entire conversation. |
| 1:20.3 | A symbol to talk about this subject with us today on Bad Faith podcast is Paul Prescott. |
| 1:26.1 | You know him as a contributing editor to Jacobin |
| 1:29.1 | Magazine and a staffer at Labor Notes. Welcome, Paul. Great to be here. You have Dr. Professor |
| 1:36.4 | Jared Ball, who is a professor of Africana in Media Studies at Morgan State and also the host |
| 1:43.3 | of podcast. I Mix What I Like. Welcome back, Dr. Ball. |
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