Tuesday, July 28, 2020
Richard D. Wolff – Many Terms That Are Frequently Used to Describe Capitalism Simply Don’t Hold Up Under Scrutiny
"Capialism" resists a short definition that captures nuance. Richard D. Wolff explains how captialism is a many faceted phenomenon with varied structure and function.
Economy For All
Richard D. Wolff – Many Terms That Are Frequently Used to Describe Capitalism Simply Don’t Hold Up Under Scrutiny
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1 comment:
Socialist turned shyster.
Ironic how he isn't content to be funded exclusively through voluntary donations, i.e. the gift economy
Wolff knows very well how capitalism differs from socialism: commodity production and wage labour contracts. The rest can be described as elements of a mixed economy, but if you do that, there is less opportunity to plaster the term "socialist" all over the place.
Stopped listening to him months ago.
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