Economic Update with Richard D. Wolff

Gentrification, Boston, and Racism

Jan 13, 2026
Sabrina Salvati, a political commentator, activist, and filmmaker, dives into her new documentary, "Removed: Black Erasure in Boston." She reveals the harsh realities of gentrification and how systemic issues like redlining and urban renewal have led to the displacement of Black communities. Salvati discusses the racial wealth gap, highlighting stark disparities in Boston. She also shares insights on grassroots resistance efforts from the Franklin Park Defenders and their fight for justice in the face of ongoing gentrification.
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INSIGHT

Socialism's Political Return

  • Richard D. Wolff argues Mamdani's election signals socialism's reemergence after Cold War repression.
  • He frames socialism as capitalism's self-critique that resurfaces when inequalities become intolerable.
INSIGHT

Vote Against A City For The Rich

  • Wolff says Mamdani won because voters rejected a city run as a playground for the rich.
  • He emphasizes voters demanded a government that serves the majority, not billionaire interests.
ADVICE

Mobilize Beneficiaries To Defend Reforms

  • Wolff tells Mamdani to prove he's different by reducing inequality and improving affordability.
  • He urges organizing beneficiaries so they actively defend and support reforms.
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