Inflation Crisis & the March Towards Recession

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. 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.