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Season 10 · Episode 2
[S10 E02] Answering our Critics
Economic Update with Richard D. Wolff
January 9, 202028m 59s
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Show Notes
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.