Socialism? Capitalism? Economist Richard Wolff Explains It All.
In an interview with the grass-roots media portal Actvism, Wolff discusses methods of economic organization.
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In an interview with University of Massachusetts professor emeritus of economics Richard Wolff, the grass-roots media portal Actvism gets answers to the following questions:
• What are capitalism and socialism? • What differentiates capitalism from socialism? • Has either system ever existed in a pure form? • Was capitalism actually overcome by socialism when the state took over private ownership? • What changes are required in society to truly implement socialism?
—Posted by Alexander Reed Kelly
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