Inflation Crisis & the March Towards Recession

<p>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.</p> <p>Professor Richard Wolff is an author &amp; 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=e7ced1-1-1660206223585"> <u>patreon.com/thesocialistprogram</u></a>. 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&amp;A seminar with Brian.</p>