Inflation is Class Warfare

On today's episode Brian and Prof. Richard Wolff discuss the steepest rise in prices in the last 30 years, which has set off alarm bells and handed politicians like Joe Manchin a convenient excuse to deepen their opposition to pro-worker social programs. Where does inflation come from in a capitalist economy? What effect does it have on the working class and on the capitalist class? Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can check out 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.