Stock markets from Tokyo to New York City crashed on Monday and rebounded on Tuesday.

Extreme volatility in the stock markets is frequently a precursor signal of a coming economic

contraction, a recession, or a depression.

Meanwhile, a federal court ruled that Google is engaged in illegal monopoly practices.

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. City. We are very excited to have Professor Richard Wolf join us for our regular weekly segment,

where we talk about the biggest stories related to the economy, the state of the working class,

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

content several days a week. Thanks to the support of our patrons at patreon.com slash the

socialist program. We appreciate all of your support and encourage you if you're not yet to become

a patron today. Richard Wolfe is the co-founder of the organization Democracy at Work. He's the author

of many books, including Understanding Capitalism, which is now available at Democracy at Work.

Info. Professorfe, welcome back.

Thank you very much, Brian.

I'm glad to be here.

While we were thinking Monday, when the stock market is crashing,

we have to talk to Richard because this sounds big,

and then Tuesday it rebounded.

Meanwhile, there was this big ruling or significant ruling in a federal

court against Google declaring that Google was engaged in illegal monopoly practices. Much of the

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