Economic Update with Richard D. Wolff

Class and Socialism


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July 6, 2015 We are beginning a new 3-week experiment with a new format that includes two in-depth analyses, one in each half of the show. We begin this update by considering the different meanings of class, class analysis and class struggle across human history and why those differences matter so much now. Today’s second half explores how socialism evolved from a basic alternative to capitalism into a state capitalism not so different from private capitalism.
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