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War And Debt Economy
We are experiencing a great transformation in who holds economic, and therefore political power in America. This transformation is going on for the last 50 some years. There are now approximately 1000 billionaires in America. Our constitutional form of government, the government of checks and balances has been transformed. The three branches of government, the legislative, the judicial, and the executive were designed to hold each other in check and that is no longer the case. Executive power reigns supreme.
Trump is not the disease, he’s a symptom of the disease. The disease is capitalism, production for profit, and not for human needs. This is manifested in autocracy, the rule of the rich, and those with whom they are connected. They have popularly become known as the Epstein class. In tandem with the billionaire class in power in the United States, is this country’s decline in power as compared to China. China is soon to become the leading economic force in the world.
It is about to overcome the United States in this regard, while American governmental debt approaches $40 trillion, an amount worth more than the annual production of goods and services in the United States, this country has now turned to borrowing money from China to aid its economy.
Guest – Richard Wolff is Professor Emeritus from the University of Massachusetts, and the author of Understanding Capitalism. According to New York Times, Richard Wolff is, probably America’s most prominent Marxist economist. He is the founder of Democracy at Work and host of their national syndicated show Economic Update. Professor Wolff has authorized numerous books on capitalism and socialism, including most recently “The Sickness is the System: When Capitalism Fails to Save Us From Pandemics or Itself“, “Understanding Socialism“; and “Understanding Marxism”, which can be found at democracyatwork.info.
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Israel’s Practice of Assassination
World War II ended in 1945. Sixty million people had died. To prevent a recurrence the foundations of international law were laid. The Nuremberg trials of Nazi war criminals concluded in 1947. The guilty verdicts against the Nazi leaders were not seen as “victors’ justice“ but instead as a way forward based on three principles. The first was the illegality of aggressive war, the worst crime of all because it included within it all other crimes. The second principal consisted of violations of the laws of war, such as bombing civilians. The third was crimes against humanity.
Pete Hegseth, the American Secretary of Defense, who has changed the name of the department and styles himself as Secretary of War, has denounced the very laws of war set up after Nuremberg. The third principal, crimes against humanity, includes assassinations which are political murders. The Israeli assassination program has become elaborate and ambitious. Since 1948, when the state of Israel was founded, the ethno- state has been an extremely aggressive violator of these three principles.
In developing political assassination as “an art form” in the words of an Israel leader, Israel has taken the lead along with its partner the United States in the dismantling of the international rules of law.
Guest – Washington DC journalist Andrew Cockburn is the author of many books and articles. His most recent book is titled Washington is Burning: Lies and Corruption in the Age of Trump. His Substack is titled Spoils of War. Mr. Cockburn’s latest article appeared on April 17, 2026 in the London Review of Books.
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