Capitalism in Crisis: Why Do Recessions Happen?

On today's In the News roundtable, Brian Becker, Esther Iverem, Nicole Roussell and Walter Smolarek discuss how the three men who murdered Ahmaud Arbery have been convicted of murder in a major victory for the struggle against racism, but at the same time the Rittenhouse verdict reveals a grave danger. They also discuss the emergence of the Omicron variant of COVID due to global vaccine apartheid, efforts to rig the U.S. electoral map, the historic victory of the left in the Honduran presidential election, and more. 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.

30 Nov 20211h 19min

Karl Marx wrote in Capital that capitalism came into the world “dripping from head to foot, from every pore, with blood and dirt.” The Thanksgiving holiday is built around an insidious and false creation myth -- that the so-called “settling” of North America was a peaceful and amicable process. But in reality, the genocidal expansion of colonialism across the continent led to unspeakable suffering and death for Indigenous peoples. What is the real story of the birth of U.S. capitalism? Dr. Gerald Horne holds the Moores Professorship of History and African American Studies at the University of Houston and the author of many books, including “The Dawning of the Apocalypse: The Roots of Slavery, White Supremacy, Settler Colonialism, and Capitalism in the Long Sixteenth Century”. 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.

25 Nov 202147min

On today's episode Walter Smolarek and Prof. Richard Wolff discuss the Biden administration's announcement that Federal Reserve chairman Jerome Powell would be renominated for a second term. Powell, a former finance capitalist who has headed the Fed since 2018, was the Wall Street favorite for the job. What role has Powell played in the management of U.S. capitalism? Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. 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.

24 Nov 202133min

On today's In the News roundtable, Esther Iverem, Nicole Roussell and Walter Smolarek discuss how the menace of racist vigilante violence received a dramatic boost by the U.S. court system with the acquittal of Kyle Rittenhouse on all charges. They also discuss how protesters took to the streets in outraged response to the verdict, the victory of pro-Revolution candidates in the Venezuelan election, the latest Jan. 6 attack court developments, demonstrations worldwide against U.S. intervention in Ethiopia, resistance to the coup in Sudan, and more. 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.

23 Nov 20211h

How does the relentless U.S. war machine sell its operations to the public? Dr. Nazia Kazi, an activist and professor of Anthropology at Stockton University, explains how the managers of the U.S. empire foment Islamophobia and other racist ideas at home as an integral part of waging war abroad. Dr. Kazi challenges theories of racism that ignore U.S. foreign policy, and discusses how Islamophobia has played a central role in justifying U.S. acts of aggression, in excusing military atrocities, and in creating a massive new surveillance apparatus at home. That surveillance has been turned on Muslim and Arab Americans, along with social movements from Occupy Wall Street to Standing Rock to Black Lives Matter. Watch the NEW video edition of “The Real Story” on BreakThrough News! Dr. Nazia Kazi is author of the book “Islamophobia, Race, and Global Politics,” which has just been republished in a second edition. 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.

18 Nov 202153min

On today's episode Brian and Prof. Richard Wolff discuss the steepest rise in prices in the last 30 years, which has set off alarm bells and handed politicians like Joe Manchin a convenient excuse to deepen their opposition to pro-worker social programs. Where does inflation come from in a capitalist economy? What effect does it have on the working class and on the capitalist class? Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. 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.

17 Nov 202129min

On today's In the News roundtable, Brian Becker, Esther Iverem, Nicole Roussell and Walter Smolarek discuss a newly-revealed US war crime in Syria that took the lives of over 60 civilians, causing shock and outrage around the world. They also discuss the trials of Kyle Rittenhouse and the killers of Ahmaud Arbery, CIA-orchestrated efforts to destabilize Cuba, the dangerous rise of the violent far right, the social program budget being pushed to the side in favor of military spending, and more. The following articles are referenced in this episode: How the U.S. Hid an Airstrike That Killed Dozens of Civilians in Syria https://www.nytimes.com/2021/11/13/us/us-airstrikes-civilian-deaths.html How a School District Got Caught in Virginia’s Political Maelstrom https://www.nytimes.com/2021/11/14/us/loudoun-county-school-board-va.html 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.

16 Nov 20211h 20min

Watch the video version on BreakThrough News here: https://youtu.be/WUHHe6h8iXk What could be the final effort to resuscitate the Iran nuclear deal will begin this month with negotiators meeting in Vienna. The United States, having violated and destroyed the deal under Trump, is now pushing for new concessions from Iran. This kind of arrogance is nothing new -- it has been the defining feature of U.S. government policy towards Iran going back to the 1953 CIA-sponsored coup and through the 1979 revolution that overthrew the U.S. puppet monarchy. Brian is joined by Mohammad Marandi, an expert on American studies and postcolonial literature who teaches at the University of Tehran. 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.

11 Nov 202139min