Trump’s War Is a Disaster for the Economy and Humanity, w/ Prof. Wolff
The Socialist Program with Brian Becker
The Socialist Program
4.7 • 587 Ratings
🗓️ 11 March 2026
⏱️ 38 minutes
🧾️ Download transcript
Summary
Huge oil prices are hitting U.S. residents as Trump and Netanyahu’s war on Iran rages. This is the second time in recent history that Iran has been attacked while in negotiations with the U.S. or Israel, and officials are indicating they’re no longer interested in negotiations that lead nowhere.
Professor Richard Wolff and Nicole Roussell, a producer of the show, discuss the consequences for workers in the United States and globally.
Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com.
Transcript
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| 0:00.0 | Oil prices are volatile and sky high as the U.S. and Israel continue to bomb and attack Iran, |
| 0:07.0 | killing Iranians and Americans. |
| 0:10.0 | Trump has said the war will end soon, but Israel just launched more attacks. |
| 0:14.0 | We need a new system. We need a new society. |
| 0:18.0 | We need to demand that which may have sounded impossible even a few weeks ago, |
| 0:22.8 | but is not only realizable, but an imperative necessity. We are very excited to have Professor Richard Wolf join us for a regular weekly segment, where we discuss the biggest stories relating to the economy, the state of the working class, and the crimes of big business. |
| 0:59.5 | I'm Nicole Roussel, sitting in for your host, Brian Bucker. |
| 1:02.7 | The Socialist Program brings you content several days a week, thanks to the support of our patrons at patreon.com slash the Socialist Program. |
| 1:09.8 | We appreciate all of your support and encourage you |
| 1:12.5 | to become a patron today if you enjoy listening to this show. Richard Wolf is the co-founder of the |
| 1:18.2 | organization Democracy at Work and the author of many books, including understanding capitalism, |
| 1:23.2 | which is available at democracy at work.info. So as I said in the intro, Richard, oil prices have been sky high, except for when Trump |
| 1:32.2 | recently said this war will end, but new Israeli attacks shot prices right back up again. |
| 1:37.5 | So the way I'm hearing this, the way I'm reading this, the way I'm seeing this, is essentially |
| 1:42.0 | this administration and this Congress are working |
| 1:45.0 | with war criminal Netanyahu to bomb a huge and powerful adversary, starting a war that has |
| 1:50.4 | killed 1,200 people in U.S. Israeli attacks, including 198 women and 190 children, and now seven |
| 1:58.0 | American soldiers. This war has also shot oil and gas prices way up, despite that Iran and the U.S. |
| 2:03.4 | were in the middle of negotiations that Oman, the third party said were going well. |
| 2:07.6 | And despite that U.S. wasn't able to win in Afghanistan, Iraq, or Vietnam. |
| 2:11.7 | Is that right? |
| 2:12.7 | Absolutely. |
... |
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