The Socialist Program: Bank of America Memo Exposes Capitalists' Plot to Crash the Economy

On the Socialist Program: 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.

Listen to the episode here. 

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  • Richard Wolff
    published this page in Updates 2022-08-04 17:24:58 -0400