The Socialist Program with Brian Becker Billionaires Salivate Over Plan to Privatize the Post Office, w/ Prof. Richard Wolff
Apr 2, 2025
In this engaging discussion, Prof. Richard Wolff, co-founder of Democracy at Work, dives into the alarming trend of privatizing essential public services, including the Post Office. He critiques the motives of billionaires like Trump and Musk, arguing that such moves threaten economic equity and worker rights. Wolff also contrasts the U.S. with countries like Denmark and France, highlighting the inadequacies of American capitalism in providing social benefits. A compelling call for prioritizing public welfare over profit makes this conversation both timely and necessary.
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Republicans Favor Big Business
- The Republican Party has long opposed programs like Social Security and minimum wage to favor big business.
- They want to privatize public services to avoid paying taxes and profit from them privately.
Private vs. Public Efficiency Myth
- The claim that private sector is inherently more efficient than public sector is false.
- Both sectors have efficiencies and inefficiencies; privatization is ideological noise to profit billionaires.
Postal Service Pension Prepayment Scam
- Congress forced the Postal Service to prepay pensions for workers not yet hired, creating a false $9.2 billion deficit.
- Postal unions exposed this as a ploy to privatize the profitable public service for private companies.