The Socialist Program: $106 Billion for Israel, Ukraine, Taiwan: How War Spending Subsidizes Capitalism

Professor Wolff and Brian Becker discuss President Joe Biden's proposed $106 billion military spending package, analyzing its implications. They delve into the origins of the military-industrial complex in the Korean War and how it has evolved into a taxpayer-funded subsidy for defense contractors. Economic challenges in the United States, such as inflation and high interest rates, are examined, alongside the paradox of political leaders touting economic success. Systemic dysfunctions within American politics and the decline of the American empire are highlighted.

Listen to it here...

Showing 1 reaction

Please check your e-mail for a link to activate your account.
  • Richard Wolff
    published this page in Updates 2023-10-27 00:20:30 -0400