Economic Update with Richard D. Wolff

Economic Update: 3 Basic Kinds of Socialism

06.06.2019 - By Democracy at Work - Richard D. WolffPlay

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This program explains those differences among (1) the moderate or "democratic" socialism ( a la Scandinavia), (2) the communist kind of socialism (in the USSR and People's Republic of China, and (3) the new socialism focused on democratizing the work place. Doing better than capitalism will require deciding which of these three kinds of "socialism" (or what combination of them) will be the better economic structure.

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