Will the West, not Russia, Lose the Most from the Global Sanctions Regime?
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On today's episode Walter Smolarek and Prof. Richard Wolff discuss how the leaders of the wealthy G7 nations gathered in Germany this week for a summit focused on isolating Russia from the world economy. The summit discussed attempts to impose a “price cap” on Russian oil exports and a prohibition on trading Russian gold, but is this sanctions regime backfiring on the west? Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com. Please make an urgently-needed contribution to The Socialist Program by joining our Patreon community at patreon.com/thesocialistprogram. We rely on the generous support of our listeners to keep bringing you consistent, high-quality shows. All Patreon donors of $5 a month or more are invited to join the monthly Q&A seminar with Brian.
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