Opioid Epidemic & Capitalism: Rite-Aid Goes Under From Opioid Lawsuits But Opioid Overdoses Soar
The Socialist Program with Brian Becker
The Socialist Program
4.7 • 587 Ratings
🗓️ 18 October 2023
⏱️ 30 minutes
🧾️ Download transcript
Summary
On today's episode Brian and Prof. Richard Wolff discuss Rite-Aid's folding due to lawsuits from the pharmaceutical corporation's role in the opioid epidemic, what happens to the industry with a major player going under, and how capitalism fuels the opioid crisis.
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 | Pharmacy giant Wright Aid has filed for bankruptcy in a massive corporate collapse driven by lawsuits |
| 0:10.0 | related to the company's deadly role fueling the opioid crisis. |
| 0:15.0 | 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, |
| 0:23.6 | 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, |
| 0:56.3 | where we talk about the biggest stories related to the economy, |
| 0:59.6 | the state of the working class, and the crimes of big business. |
| 1:03.5 | I'm your host, Brian Becker. |
| 1:05.1 | The Socialist Program brings you content several days a week. |
| 1:09.4 | Thanks to the support of our patrons at patreon.com |
| 1:12.8 | forward slash the socialist program. We appreciate all of your support and encourage you, |
| 1:19.3 | if you're not yet, to become a patron today. Richard Wolfe is the co-founder of the organization |
| 1:25.1 | Democracy at Work. He's the author of many books. The latest being |
| 1:28.5 | The Sickness is the System when Capitalism fails to save us from pandemics or itself. Be sure to |
| 1:36.1 | check out all of his work at R.D.Wolf.com. That's R.D.W.O.F.com. Professor Wolf, welcome |
| 1:43.7 | back. Thank you, Brian. I'm glad to be here. |
| 1:47.6 | Thank you. There's different parts to this story, Richard, which is true about most stories. |
| 1:52.4 | But these are big parts. I mean, there's one, the opioid crisis, again, fueled really by the |
| 1:59.4 | capitalist class or sectors of it, which sought to make huge |
| 2:02.6 | profits and did make huge profits from sort of using addiction as a business model. And certainly |
| 2:10.4 | the pharmacies were well into that. We had lawsuits from the West Virginia Attorney General, |
| 2:16.1 | other states where masses of people |
| 2:18.8 | have become addicted in the last decade, especially, and so many people are dying. |
... |
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.

