The Socialist Program: Inflation: A Capitalist Tool of Class War Against the Working Class

On the Socialist Program: Brian Becker and Prof. Richard Wolff break down the real cause of inflation. Inflation is rising prices, which is something the working class doesn't control. Businesses—and the Fed when it raises prices for borrowers by increasing interest rates—do control prices. Why do businesses do this since inflation is bad for the economy? Can the government change this?

Listen to the interview here. 

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  • Richard Wolff
    published this page in Blog 2022-07-24 13:02:39 -0400

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