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.