The Billionaires Behind Trump

On The Socialist Program, the discussion delves into the Trump administration's agenda, driven by far-right billionaires and designed to serve the elite at the expense of workers. It explores policies like tax breaks for the wealthy, resistance to raising the minimum wage, and corporate tactics to downplay climate change for profit. The role of money in politics and its contribution to deepening inequality is a key focus, alongside the urgency of collective action to create a more just and equitable society.

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  • Pasqual DiGesu
    commented 2025-02-11 09:39:58 -0500
    Democracy?

    PHILOSOPHER MICHAEL SANDEL: Yes, the — for decades, the divide between winners and losers has been deepening, poisoning our politics and setting us apart. Came to a head in 2016, when Donald Trump was first elected by speaking to those grievances. And I think the way they arose, Walter, is that for decades, Democrats and Republicans alike had carried out a kind of neoliberal market friendly globalization project that delivered enormous rewards to those at the top, but left the bottom, half of the country basically with stagnant wages and outsourced jobs. So, there was widening inequality of income and wealth, but not only that, the governing elites, Democrats and Republicans, had told working people, if you want to compete and win in the global economy, go to college. What you earn will depend on what you learn. You can make it if you try. What they missed was the insult implicit in that bracing advice. If you’re struggling in the new economy and you didn’t get a degree, your failure is your fault. That’s the implication. So, it’s no wonder that many working people felt not only dispossessed and economically squeezed by the new economy, but also insulted, looked down upon by governing elites.
  • Pasqual DiGesu
    commented 2025-02-11 09:20:47 -0500
    Democracy is proving to be weak, by weakening the people with the gluttony that it has created. Yes, there is a bad authoritative force presiding, but it will take another force to dislodge it.
  • Thomas Sheffield
    commented 2025-01-28 10:00:40 -0500
    I have a real problem with the questioning of Wright by Mr. Swalwell. I cannot understand why Mr. Swalwell asked a question of Wright that was already answered. It showed nothing. I believe that what he should have asked is this: “Mr. Wright why do you believe that climate change is ‘hype’ as you previously said and what is your evidence for having said that?” Until these politicians actually hold people like Wright accountable for their words and actions then they will continue to get a free pass on their self-serving agendas.
  • Amir Shabbar
    commented 2025-01-25 17:41:50 -0500
    Dear prof Wolff,
    Please do a YouTube exclusively on Trump’s desire to conduct 21st century imperialism by buying Greenland, invading Panama Canal, and making Canada 51st state of the U.S. are these desperate measures of a dying empire, or will it produce any reasonable result.
  • Richard Wolff
    published this page in Updates 2025-01-25 10:53:31 -0500

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