Why The New US ‘Total Economic War’ On Iran Will Fail

Recent elections in Germany show that the mainstream capitalist political party is in crisis. Left-wing pro-working class forces have made huge gains in Berlin and at the same time the right-wing political party AfD is rising. Brian Becker and Prof. Richard Wolff discuss the implications of this development, plus Mark Carney and the Trump-Canada trade conflict.Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com.Join the The Socialist Program community at http://www.patreon.com/thesocialistprogram to get exclusive content and help keep this show on the air.

The biggest capitalist CEOs of AI companies have been forced in the last week to address the question raised by their own profit-driven efforts: will the AI technologies they are rapidly developing not only threaten communities where data centers are being imposed, but also threaten society and life as we know it? Brian Becker and Prof. Richard Wolff discuss.Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com.Join the The Socialist Program community at http://www.patreon.com/thesocialistprogram to get exclusive content and help keep this show on the air.

A gas company just paid a record-breaking $5.3 million for its tanker ship to skip the Panama Canal’s long line, a line induced by the US-Iran war. Meanwhile the US fired on Iranian positions in the Strait of Hormuz. The US bond market is also in its worst state in 30 years. Professor Richard Wolff and producer Nicole Roussell unpack the state of today’s volatile global economy.Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com.Join the The Socialist Program community at http://www.patreon.com/thesocialistprogram to get exclusive content and help keep this show on the air.

Speaking on behalf of Donald Trump, Treasury Secretary Scott Bessent announced that the United States would embark on a new campaign to destroy Iran’s economy with sanctions. He gave the operation a name: ‘Operation Economic Outcast.’ Professor Richard Wolff and Brian Becker discuss.Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com.Join the The Socialist Program community at http://www.patreon.com/thesocialistprogram to get exclusive content and help keep this show on the air.

You may have heard that the US government recruited Nazi scientists to work for NASA, but did you know they also recruited them to experiment on US soldiers? Their recruitment was part of Operation Paperclip, and the scientists were only a fraction of this program. It also recruited Nazi SS spies and unleashed them into the Cold War, installed Nazi generals into top positions in West Germany and NATO, and helped Nazi war criminals flee prosecution. And this story goes even deeper, all the way to the initial rise of Nazi Germany, directly challenging the dominant US narrative about its history.We’ve compiled it all into an immersive, 1 hour and 20 minute podcast that explores the many facets of this scandal and how they are connected. We’ve combed through tens of hours of oral testimony to bring the story to life with shocking first-hand accounts. This is part of our new podcast series: ‘Socialist History,’ which uncovers the real story of US imperialism through a socialist lens, told from the perspective of the people who fought back. In this first season each episode unpacks a different Pentagon or CIA operation. This is a preview, get the full episode at https://www.patreon.com/collection/2243748

Treasury Secretary Scott Bessent spent billions of U.S. dollars to buy and prop up the Japanese currency, the yen. Professor Richard Wolff and Brian Becker unpack the economic and geopolitical calculations of the Trump White House, and what it means for the US economy. Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com.Join the The Socialist Program community at http://www.patreon.com/thesocialistprogram to get exclusive content and help keep this show on the air.

“It's kind of in the DNA of American bourgeois capitalist politics: demonize your enemy, call them a communist, and that's the end of the story. But there's another element, which is the Republican Party, the MAGA project, Project 2025 — the Trump White House is failing.” The House Ways and Means Committee has sent a subpoena to BreakThrough News, demanding internal communications, financial records and more. We are not charged with any crime, because our only “crime” has been to tell the truth – about the Palestine solidarity movement, about ICE’s terror in our streets, about Washington’s crimes around the world, from Cuba to the Congo. This is a flagrant abuse of power, and a direct attack on our work as journalists and on the First Amendment.The State Department’s dangerous “Cuba report” released Monday – blasting Havana as the global center of a sinister anti-American communist plot by Russia, China, Iran, North Korea– is just the latest step in the Trump administration’s McCarthyist revival. But attacks on the left didn’t start with Trump: Brian Becker, host of the Socialist Program, joins BT Live to discuss how this latest crackdown on free speech is rooted in US history: From the Palmer Raids to COINTELPRO, every time a mass movement for a more just world starts to gain real traction, the state reaches for the same playbook.DONATE / SIGN THE PETITION: https://breakthroughnews.org/bt-under-attack

The Trump administration is catalyzing a longtime trend in the US where corporate criminals get a fine or nothing, while almost two million working class people sit behind bars. Professor Richard Wolff and producer Nicole Roussell discuss what this shows about the nature of the capitalist system and why we need socialism.Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com.Join the The Socialist Program community at http://www.patreon.com/thesocialistprogram to get exclusive content and help keep this show on the air.

July 14 is Bastille Day, when the French stormed an armory and took up arms against the monarchy and opened the gates to a prison during the French Revolution. Guards opened fire and many died—but by August 4th, feudalism was abolished. In the midst of widespread killings by ICE, Professor Richard Wolff and Brian Becker discuss repression, revolution, and our current moment.Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com.Join the The Socialist Program community at http://www.patreon.com/thesocialistprogram to get exclusive content and help keep this show on the air.

New financial disclosure documents reveal the extent of Trump’s profiteering through the office of the presidency. Trump made over $2 billion his first year back in office, including more than $1 billion from his promotion of a Trump cryptocurrency alone. Professor Richard Wolff and producer Nicole Roussell discuss.Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com.Join the The Socialist Program community at http://www.patreon.com/thesocialistprogram to get exclusive content and help keep this show on the air.