The Socialist Program with Brian Becker Debt Is Crushing U.S. Workers
23 snips
Aug 23, 2023 
Professor Richard Wolff discusses the alarming rise in auto loan defaults, the impact on the working class and the rising prices of cars. It explores the implications of unsustainable debt, the relationship between wages and raw materials, and the concentration of wealth. The podcast also touches on the rise of BRIC countries in the global economy, limitations on Chinese land ownership, and growing anti-Chinese sentiment.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 2min
The Wave of Car Loan Defaults and its Impact on the Working Class
01:53 • 9min
The Rising Prices of Cars and Their Impact on the Middle and Lower Classes
10:35 • 11min
The Rise of BRICs and the Shift in Global Economic Power
22:04 • 9min
Limitations on Chinese Land Ownership and Rising Anti-Chinese Sentiment
31:21 • 2min