The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself and Israel’s Far Right Agenda

The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself

We all know almost instinctively that there is a connection between politics and economics. Today we talk with Professor Richard Wolff about that connection. We live in a world in economic turmoil, all the more so because of the US and NATO proxy war against Russia in Ukraine.

At home in the United States, we have the greatest wealth disparity and income disparity in a century. When Standard Old,now Exxon, owner John D. Rockefeller died he was worth $3 billion. Now Jeff Bezos is worth about $180 billion. There has not been a national increase in the minimum wage of $7.25 an hour in decades. Half the people in America are poor or near poor.

There has been a dramatic increase in labor militancy by American workers not seen since just before and just after World War II. US world hegemony is starting to fray even as the military budget increases.

This month Congress passed a budget bill with half of it going to the military. The military received 45 billion dollars more than they even asked for. What is going on? What are the prospects for political action independent of these two capitalist parties?

Guest – Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst, and a Visiting Professor in the Graduate Program in International Affairs of the New School University, NYC. He is the founder of Democracy at Work and host of their nationally syndicated show Economic Update. His latest book is The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself, which can be found along with his other books Understanding Socialism and Understanding Marxism at

Israel’s Far Right Agenda

As reported in the New York Times, less than two weeks into its tenure, Israels new and extreme neo-fascist right-wing government has already undertaken a wave of items from its far-right agenda. Items that are designed to weaken the judiciary, entrench Israels control of the West Bank, and bifurcate the militarys chain of command so as to give far-right ministers greater control of matters related to Israels occupation.

It is likely to have profoundly negative implications for the Palestinian people, as well as profound implications for the already dismal chances of finding a peaceful resolution of the decades long Israeli/Palestinian conflict. Even a great numbers of Israelis have grave concerns about its new government and what its announced plans may mean for them.

Guest – Sandra Tamari is a Palestinian organizer and the Executive Director of Adalah Justice Project. She was the Co-chair of the Steering Committee for the U.S. Campaign for Palestinian Rights from 2015-2018 and a lead organizer of the Palestinian contingent to Ferguson, Missouri, in 2014.

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