breathtaking new figures released by the global charity Oxfam shows that inequality has exploded

to such historic heights that two-thirds, that's right, two-thirds of all wealth created around

the world since 2020, since the beginning of the pandemic, has gone to the richest

1% of the population. The capitalist system continues to deepen the divide between the impoverished

majority and a very, very, very tiny elite that lives in complete luxury.

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. 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 and the state of the working class.

I'm your host, Brian Becker.

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

He's 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 all of his work at R-D-Wolf.com. That's R-D-W-O-L-F-F.com.

Professor Wolf, welcome back. Thank you, Brian. Glad to be here. Thank you. Here we are,

2023. I said it was shocking. It was breathtaking,

but in a way, not that shocking. And while breathtaking, not that surprising, because the accumulation

of wealth at one poll, as Marx described it, goes along with, corresponds to a corresponding accumulation of misery

...