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Bank of America memo exposes capitalists' plot to crash the economy

Bank of America memo exposes capitalists' plot to crash the economy

FromThe Socialist Program with Brian Becker


Bank of America memo exposes capitalists' plot to crash the economy

FromThe Socialist Program with Brian Becker

ratings:
Length:
29 minutes
Released:
Aug 3, 2022
Format:
Podcast episode

Description

On today's episode Walter Smolarek and Prof. Richard  Wolff discuss a leaked memo written by a top Bank of America economist  that reveals in explicit terms the strategy of the capitalist class:  cause as much suffering among workers as possible  to rebalance the economy in favor of the rich. As the U.S. begins to  experience an intentionally-caused recession, it is now even clearer  that this is a matter of class struggle.
Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com.
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Released:
Aug 3, 2022
Format:
Podcast episode

Titles in the series (100)

News and views about the world for those who want to change it. Socialist commentary and education episodes every week: Tues: In the News | Wed: Capitalism in Crisis | Thurs: The Real Story