Jacobin Show: Is a Recession Coming? w/ Richard Wolff & Bhaskar Sunkara

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4.7 • 1.5K Ratings

🗓️ 23 June 2022

⏱️ 108 minutes

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Summary

Jen Pan speaks with Bhaskar Sunkara on what kind of politics a socialist successor to Bernie should push for. Then she speaks with Richard Wolff about how the left should think about economics and the likelihood that another recession is imminent. Finally, Jen argues that Democrats' gamble on the political theater of the January 6 hearings will not help them in the midterms. A much bigger problem is their complete lack of interest in campaigning to working people.

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The Jacobin Show is a weekly YouTube show offering socialist perspectives on class and capitalism in the twenty-first century, the failures of liberalism, and the prospects of rebuilding a left labor movement in the US. This is the podcast version of the episode from June 22, 2022.

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Transcript

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0:00.0	Music
0:29.0	Hello, you are watching the Jack of Them Show. As always, I'm Jen Pan. I am actually here today with producer
0:36.7	Kale Brooks, the one and only. We've been hearing from Kale fans that you all want to see more of
0:44.2	Kale on screen. I think everybody knows that Kale is behind the scenes for every show, but we thought
0:50.1	we would drag him out into the open finally. So Kale, how are you? I'm doing well. I'm happy to help
0:57.1	open the show. I'm just pulling the curtains. Usually I'm just behind the scenes, just yanking on
1:05.8	the the cord trying to try to give as much open the curtains. Yeah, opening curtains. I don't know,
1:13.8	there's creating bad metaphors. I'm good. How are you doing? Well, all good. In any case, you know,
1:20.8	here's Kale. He will be sharing some thoughts shortly. I just want to quickly mention before we
1:26.8	get started that today's show on today's show, I'll be talking to Richard Wolfe, the great
1:32.6	economist about the American economy and whether we're heading into a recession. I'll also be talking
1:37.8	to our good friend, Boscherson Cara, about whether Bernie Sanders has a successor and what that would
1:43.5	even mean. And I'll be making my own comments about ongoing Democratic Party incompetence. So
1:49.9	please stay tuned. But first, Kale, before we get to all of that, what's on your mind this week?
1:56.8	Yeah, well, I think it's probably worth addressing. I think all those other things we're
2:00.9	going to talk about are good and you should stick around and watch those. But I think it's worth
2:04.5	addressing. There's this good article that was written in the last week or so by Ryan Graham of
2:10.6	the intercept titled elephant in the zoom. How meltdowns have brought progressive advocacy groups
2:15.8	to a standstill at a critical moment in world history. It's a very long article. And there's a
2:22.6	lot of anecdotes, but it's definitely worth reading, I think, because the anecdotes actually do
2:28.0	help kind of paint the picture that he's creating for us. Because it's a real problem that he's
2:34.2	addressing, which is primarily the fact that as many of you are watching this probably know,
	...

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