Treasury Head Yellen’s New China Complaint

On today's episode Walter Smolarek and Prof. Richard Wolff discuss the favorite new complaint against China voiced most recently by U.S. Treasury Secretary Janet Yellen. She argues that China is producing too much. What does this mean and what does it say about the U.S. economy? 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.