Cryptocurrency Collapse: Money, Scams and Capitalism

<p>On today's episode Brian Becker and Prof. Richard Wolff &nbsp;discuss how FTX, which was among the largest cryptocurrency exchanges in &nbsp;the world, has collapsed in one of the most spectacular corporate &nbsp;bankruptcies ever. In other tech-related industries too, mass layoffs &nbsp;continue to gather pace. The boom-bust cycle of capitalism is once again &nbsp;on full display.</p> <p>Professor Richard Wolff is an author &amp; &nbsp;co-founder of the organization Democracy at Work. You can find his work at rdwolff.com.</p> <p>Please make an urgently-needed contribution to The Socialist Program by joining our Patreon community at <a href="https://gate.sc/?url=http%3A%2F%2Fpatreon.com%2Fthesocialistprogram&amp;token=67f2db-1-1669206260727" rel="nofollow ugc" target="_blank" title="http://patreon.com/thesocialistprogram">patreon.com/thesocialistprogram</a>. &nbsp;We rely on the generous support of our listeners to keep bringing you &nbsp;consistent, high-quality shows. All Patreon donors of $5 a month or more &nbsp;are invited to join the monthly Q&amp;A seminar with Brian.</p>