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

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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