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

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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