Capitalism in Crisis: Why Do Recessions Happen?

Capitalism in Crisis: Why Do Recessions Happen?

Why does the capitalist economy lurch into a recession every few years with massive unemployment and job losses? Why is the debate between the millionaires in Congress only about whether working families should get $600 or $2,000 in a one-time payment when the banks and corporations already received trillions in subsidies and loan guarantees?

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

Episoder(676)

Big Tech’s War Against Tech Workers

Big Tech’s War Against Tech Workers

Tech companies are laying off tens of thousands of workers — all while investing tens of billions of dollars into AI tech. Professor Richard Wolff and Brian Becker discuss the effects on the workforce...

29 Apr 25min

US Corporations Are Getting Even Richer From The Iran War [Preview]

US Corporations Are Getting Even Richer From The Iran War [Preview]

The Military-Industrial-Tech Complex is using the Iran war to consolidate its power over US society and reap huge profits, even though the war is a strategic failure for the US. Brian Becker and Layan...

27 Apr 5min

Iran War Sparks Global Energy Shock

Iran War Sparks Global Energy Shock

The Iran war has closed the Strait of Hormuz almost completely. The head of the International Energy Agency said that the war is causing the biggest energy crisis in history. Professor Richard Wolff a...

22 Apr 28min

How Iran Really Views Trump's Erratic Statements and Threats [Preview]

How Iran Really Views Trump's Erratic Statements and Threats [Preview]

This is a preview of a patrons-only episode. Subscribe at https://www.patreon.com/TheSocialistProgram to hear the full episode, get access to all our patrons-only content, and help make this show poss...

20 Apr 5min

Is It Trump Or Is It The System? w/ Prof. Wolff

Is It Trump Or Is It The System? w/ Prof. Wolff

As highlighted by a New York Times report this week, the debate about Trump’s mental health has been revived. Trump posting memes of himself and Jesus and starting a regional war with Iran are certain...

15 Apr 25min

Iran Will Not Surrender to Trump’s Gangster-Style Threats [Preview]

Iran Will Not Surrender to Trump’s Gangster-Style Threats [Preview]

The Islamabad talks collapsed. Twenty-one hours of negotiations in Pakistan, the first face-to-face between the US and Iran since 1979, and it ended with nothing. Oil futures jumped seven percent. And...

13 Apr 5min

Trump’s Failed Fantasy In Iran [Preview]

Trump’s Failed Fantasy In Iran [Preview]

On Wednesday night, President Trump addressed the nation and issued what can only be described as a genocidal threat against Iran, saying: “We’re going to bring them back to the Stone Ages, where they...

4 Apr 5min

Trump's Fake War Briefings and the $1.5 Billion 'Bet' [Preview]

Trump's Fake War Briefings and the $1.5 Billion 'Bet' [Preview]

Brian Becker and Layan Fuleihan discuss what's happening behind the scenes in Trump's war room. This includes the Trump administration's possible collusion with a massive insider trading scheme.This i...

27 Mar 5min

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