

Cutthroat Bankers' New Scheme: Why Banks Are Suddenly Closing Accounts
17 snips Nov 8, 2023
Professor Richard Wolff joins Brian to discuss the sudden closure of bank accounts and its impact on individuals and small businesses. They explore the complexity of financial language, the dominance of banks in the US economy, and the lack of non-profit-driven and public banking options. They highlight the need for a new system that prioritizes stability and accessibility for all.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 2min
Bank Account Closures and the Impact on Individuals and Businesses
01:48 • 9min
The Complexity of Financial Language
10:42 • 14min
The Dominance of Banks in the US Capitalist Economy
25:11 • 2min
Exploring Non-Profit-Driven Banking and the Lack of Public Banking in the US
27:13 • 6min