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The Socialist Program with Brian Becker

Majority of Americans Have No Hope in the ‘American Dream’ AKA Capitalism, w/ Prof. Wolff

The Socialist Program with Brian Becker

The Socialist Program

Politics, News

4.7587 Ratings

🗓️ 10 September 2025

⏱️ 28 minutes

🧾️ Download transcript

Summary


A new poll shows that the majority of U.S. residents—75%—don’t believe in the so-called American Dream: that if you work hard in the United States, you can succeed at having an economically secure life. Professor Richard Wolff & Brian Becker discuss the major and growing inequality in the United States.

Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com.

Join the The Socialist Program community at https://www.patreon.com/TheSocialistProgram to get exclusive content and help keep this show on the air.



Transcript

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0:00.0

A new poll shows that the American people have lost faith in the economy.

0:07.0

They have lost faith in capitalism.

0:10.0

We need a new system.

0:12.0

We need a new society.

0:14.0

We need to demand that which may have sounded impossible even a few weeks ago,

0:19.0

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 discuss the biggest stories related to the economy, the state of the working

0:55.0

class, and the crimes of big business. I'm your host, Brian Becker. The Socialist Program

1:00.9

brings you content several days a week thanks to the support of our patrons at patreon.com

1:06.7

forward slash the socialist program. We appreciate all of your support and encourage you if you're

1:13.3

not yet to become a patron today. Richard Wolfe is the co-founder of the organization, Democracy at

1:19.4

Work. He's the author of many books, including understanding capitalism, which is available

1:24.3

at Democracy at Work. Info.

1:29.2

Professor Wolfe, welcome back.

1:31.0

Thank you very much, Brian.

1:32.0

Glad to be here.

1:35.0

Well, not a shock to you, Richard,

1:37.9

and perhaps not a shock to our audience,

1:41.8

but the Wall Street Journal made a big deal out of it.

1:43.1

So did the New York Times.

1:46.2

America is becoming a nation of economic pessimists. Well, when they say the nation, they're talking about a certain part of the

1:52.2

nation, Richard. But here's what it says. A new Wall Street Journal, N-O-R-C poll,

1:58.7

finds that the share of people who say they have a good chance of improving their

...

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