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On this all new episode, Prof Wolff discusses three major criticisms of Economic Update: (1) that we don't praise capitalism for reducing world poverty, (2) that we don't admit that "socialism has never worked anywhere," and (3) that no inventor of a new product or technique who starts a business will ever accept that employees in such a business are equal partners with the inventor, originator of the business. Today's program answers these criticisms, refuting their arguments systematically.
By Democracy at Work, Richard D. Wolff4.8
19571,957 ratings
On this all new episode, Prof Wolff discusses three major criticisms of Economic Update: (1) that we don't praise capitalism for reducing world poverty, (2) that we don't admit that "socialism has never worked anywhere," and (3) that no inventor of a new product or technique who starts a business will ever accept that employees in such a business are equal partners with the inventor, originator of the business. Today's program answers these criticisms, refuting their arguments systematically.

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