Saturday, 1 February 2025

Trump's Billionaires Will Accelerate American Decline. Dr Richard Wolff Explains How

Jan 28, 2025 | On the campaign trail and beyond, Donald Trump and MAGA right have repeatedly presented themselves as the true representatives of America's beleaguered working class. And yet, like the Capitol rotunda on Inauguration Day, Trump's administration is filled with billionaires, mega-millionaires, and corporate oligarchs whose staggering wealth is increasing year after year while working people struggle to get by. How are people, voters and non-voters alike, supposed to square this seeming contradiction?

In this special post-Inauguration interview, Dr Richard Wolff explains how the naked oligarchy on display in Trump's inauguration and in his administration is not a contradiction, but a clear sign of a society hastening its own collapse under the weight of historic, unsustainable levels of inequality.