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The Socialist Program with Brian Becker

The Capitalist Roots of the Florida Condo Collapse Tragedy

The Socialist Program with Brian Becker

The Socialist Program

Politics, News

4.7587 Ratings

🗓️ 7 July 2021

⏱️ 32 minutes

🧾️ Download transcript

Summary

Brian Becker and Prof. Richard Wolff discuss the Marxist understanding of the real estate market and how the speculative nature of this capitalist market leads to tragedies like the deadly Miami condo collapse. They also discuss the concept and experience of social housing as an alternative to private capitalist housing. 

Richard Wolff is the co-founder of the organization Democracy at Work and the author of many books, the latest being “The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself”. You can check out 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

Today we continue a series of discussions about the basics of Marxism, a method for understanding

0:07.4

and changing the world used by many of the activists, organizers, and great revolutionaries

0:13.7

in modern history. We'll discuss the Marxist understanding of the real estate market and how

0:20.6

the speculative nature of the capitalist

0:23.1

market leads to tragedies like the deadly Miami condo collapse.

0:29.6

We need a new system.

0:31.8

We need a new society.

0:33.6

We need to demand that which may have sounded impossible even a few weeks ago, but is not only realizable There's no denying it. Capitalism is

1:13.8

in crisis and capitalism is the crisis. We are excited to be joined once again by Professor Richard

1:21.1

Wolf. He talks to us every Wednesday in our weekly segment where we talk about the biggest

1:26.6

stories related to the economy,

1:29.0

the state of the working class, and the crimes of big business. I'm your host, Brian Becker.

1:35.9

The Socialist Program brings you content three days a week thanks to the support of our patrons

1:40.8

at patreon.com forward slash the socialist program. We appreciate all of your support

1:48.2

and encourage you to become a patron today if you enjoy listening to the show.

1:54.3

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

1:59.1

books. The latest being the sickness is the system

2:02.5

when capitalism fails to save us from pandemics for itself. Be sure to check out his work

2:09.3

at rd-wolf.com. That's r d-W-O-L-F dot com. Professor Wolfe, welcome back. Thank you. Glad to be here. Professor Wolf, today we're

2:21.8

going to talk about the terrible Surfside condo tower collapse in Miami. It's a Miami area

2:29.4

beachfront town of Surfside. Many, many people have been killed, perhaps more than a hundred.

2:38.1

Survivors have not been found since the rescue mission began. The rest of the condo tower

...

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