Bank of America Memo Exposes Capitalists' Plot to Crash the Economy

On today's episode 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. Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com. Please make an urgently-needed contribution to The Socialist Program by joining our Patreon community at patreon.com/thesocialistprogram. We rely on the generous support of our listeners to keep bringing you consistent, high-quality shows. All Patreon donors of $5 a month or more are invited to join the monthly Q&A seminar with Brian.