Inflation Crisis & the March Towards Recession

The Socialist Program with Brian Becker

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.

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