And all the International Stage should now for cross full coming up next kevin ill be here with you in the studio next hour to give you the latest news updates from around the world will see about that. Alone we welcome to cross talk were all things are considered im Peter Lavelle as the culture war d rages on and they did the billionaire class is only getting well you know their well iraq percent 184 1000000000. 00 since the start of the pandemic splash how will this back shape the coming recovery and is a permanent underclass the new normal. To discuss this and more im joined by my guest Richard Wolffe in new york hes a Professor Emeritus of economics at the university of massachusetts amherst as well as an author of the recent books understanding socialism and understanding marxism and in chicago or which he is a chief marketing strategist bubba trading all right gentleman stop rules in effect that means you can jump in time you want and i was appreciate todd let me go to you as you
Im with the International Security program and pleased to have joining me the chief of staff of the army, general mcconville. It is great to be here. Host there are so many things we should be talking about but we have limited time. I would like to focus more than anything on the pacific. You come from the region relatively recently, the National Strategy is to prioritize the Great Power Competition especially china and russia but most people when they think of the army think of a ground incentive environment like europe and are not thinking about that. Is the pacific a priority for the army and what does this mean . Historically were focused on europe, a National Test strategy that puts the indo pacific as a top priority. We take a look, havent been in the pacific, those are my first overseas trip as a in september of 2019, my first trip with covid19 to the region. When you look at the region, Great Power Competition. The competition is about the people. The secret, the solution to th
You are probably the busiest person on the planet. I just wanted to say what an honor it is for us. Secretary esper has been secretary of defense for the past year. He was previously secretary of the army and a very distinguished record of Public Service having served active duty after graduation from west point 10 years and then the reserve for 11 years. We are looking forward to a good conversation. I think you have met the moderator before. He is a mutual friend, dave mccormick, the ceo of bridgewater associates. He also has a distinguished career as undersecretary secretary of the treasury and undersecretary of commerce. Dave and i worked together in the george w. Bush administration in those roles. Dave is also a graduate of west point. Nothing euro secretary esper, but they were at west point at the same point. Dave, i will turn this over to you. Thank you, nick. Secretary esper, thank you for joining us today. It is great to see you. Nick forgot to mention you were born and grew
Have a great day. Hello and welcome to cross talk where all things are considered im Peter Lavelle as the culture war rages on a baited the billionaire class is only getting well you know their well has skyrocketed 20 percent or 500 84000000000. 00 since the start of the pandemic splash how will this back shape the coming recovery and is a permanent underclass the new normal. To discuss this and more im joined by my guest Richard Wolffe in new yorks hes a Professor Emeritus of economics at the university of massachusetts amherst as well as the author. Of the recent books understanding socialism and understanding marxism and in chicago or which he is a chief marketing strategist bubba trading all right gentleman rules in effect that means you can jump in time you want and i was appreciate todd let me go to you as you just heard in my introduction you know that we have an ongoing deep recession i think as of this morning the i. M. F. Came out with their global projections and a contracti
Legalized. They can do has allowed the rich to get richer as times get tougher you know for years theyve had access to this cash and capital to borrow its only recently that the average guy can actually brought some money to get in so they threw a fry and bad conditions and actually ive always built while under the toughest conditions because they have the access to capital and others dont they have the ways they get the money others dont so their businesses are allowed to thrive well everybody else is out of business you come by where i am in chicago and almost every Small Business is going to be out of business i had time to selling is over not just wipe out an entire class of people because you allowed the wealthy to go out and thrive through these tough times getting access that they had all doing all the things that normal people dont get to do so the class divide will continue and its mostly because we dont really allow the true free markets work anymore we allow the the upper. E