Richard D. Wolff & Michael Hudson: Is Trump Killing American Capitalism? The 2026 Economic Breakdown episode artwork

EPISODE · Feb 13, 2026 · 1H 4M

Richard D. Wolff & Michael Hudson: Is Trump Killing American Capitalism? The 2026 Economic Breakdown

from Dialogue Works

Trump's second-term economic policies backfire: dollar decline fails to boost exports (US mainly ships raw materials), manufacturing jobs drop 70,000 despite tariffs, and foreign investment flees to more stable economies like China. Tariffs on steel/aluminum ironically raise production costs, making US factories uncompetitive. As Western empires decline amid rising BRICS competition, elites respond not by taxing themselves but by cutting social welfare, escalating military spending, and using divisive rhetoric to fragment the working class—while preparing repressive capacity for coming social unrest over austerity. The interview exposes how "populist" rhetoric masks policies enriching the 1% amid capitalism's deepening crisis of inequality. Hosted on Acast. See acast.com/privacy for more information.

Trump's second-term economic policies backfire: dollar decline fails to boost exports (US mainly ships raw materials), manufacturing jobs drop 70,000 despite tariffs, and foreign investment flees to more stable economies like China. Tariffs on steel/aluminum ironically raise production costs, making US factories uncompetitive. As Western empires decline amid rising BRICS competition, elites respond not by taxing themselves but by cutting social welfare, escalating military spending, and using divisive rhetoric to fragment the working class—while preparing repressive capacity for coming social unrest over austerity. The interview exposes how "populist" rhetoric masks policies enriching the 1% amid capitalism's deepening crisis of inequality. Hosted on Acast. See acast.com/privacy for more information.

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Richard D. Wolff & Michael Hudson: Is Trump Killing American Capitalism? The 2026 Economic Breakdown

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This episode was published on February 13, 2026.

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Trump's second-term economic policies backfire: dollar decline fails to boost exports (US mainly ships raw materials), manufacturing jobs drop 70,000 despite tariffs, and foreign investment flees to more stable economies like China. Tariffs on...

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