Richarddwolff
Richarddwolff
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AskProfWolff: How would we evaluate the success of a company in a socialist economy?

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January 24, 2019

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Support the show Economic Update with Richard D. Wolff. Become a part of the growing Patreon community and gain access to exclusive patron-only content, along the ability to ask Prof. Wolff questions like this one!

A patron asks: In today's economy, corporations work to maximize profit and take actions that increase value for shareholders. A corporation's success is evaluated based on those metrics. Let's say the economy was transformed into a socialist economy. In such a system, what metrics will be used to evaluate the success of a corporation ?

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AskProfWolff: How would we evaluate the success of a company in a socialist economy? · Richarddwolff · Sentinel