The Socialist Program with Brian Becker Why Are Workers Drowning in Credit Card Debt?
11 snips
Feb 21, 2024 
Discussion on the rising credit card debt among workers and Capital One's bid to acquire Discover for over $35 billion. Insights from Professor Richard Wolff on economic inequalities and the need for systemic change. Exploration of historical shifts towards consumer credit, its impact on working-class families, and the looming crisis of credit card debt in America.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 2min
Evolution of Consumer Credit in Modern Capitalism
02:03 • 4min
Economic Shifts and the Rise of Consumer Debt
06:10 • 3min
Unveiling the Destructive Impact of Credit Card Debt on Working-Class Families
08:54 • 12min
Analyzing the Looming Crisis of Credit Card Debt in America
20:53 • 6min