This interview is an episode of The Socialist Program with Brian Becker, a podcast providing news and views about the world for those who want to change it, produced as part of BreakThrough News. You can follow the show on Facebook, Twitter and Instagram.
On today’s episode Brian Becker and Prof. Richard Wolff discuss how fears of an all-out economic crisis are deepening as FedEx announces that it expects a global recession based on a sharp decline in world shipping activity, and a higher-than expected inflation report deepens the federal reserve’s determination to raise interest rates. The capitalist class remains determined to drive the economy off a cliff to eviscerate workers’ living standards and bargaining power.
Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com.