Richarddwolff
@richarddwolff·355K subscribers·501 videos
Richard D. Wolff - What are Capitalism & Socialism? What differentiates them from each other?
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February 21, 2017
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In this interview with Professor of Economics Emeritus (University of Massachusetts), Marxist economist and founder of Democracy at Work, Richard D. Wolff, we talk to him about Capitalism and Socialism.
- What is Capitalism and Socialism?
- What differentiates Capitalism from Socialism?
- Has either system ever existed in its purest form?
- Was Capitalism actually overcome by Socialism when the State took over private ownership?
-What changes are required in society to truly implement Socialism?
All of this and more is addressed in this video.
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