Richard Wolff: 2016 April Economic Update on Global Capitalism
Prof. Richard Wolff gives his April lecture on Socialism and Capitalism. He begins by saying that Bernie Sanders’ campaign has already accomplished something profound. An historic transformation has occurred in which the American people now think they can have an impact on U.S. politics. “The genie is out of the bottle, and nobody is going to push him back in.” It’s a done deal.
Wolff also talks about the Panama Papers and shell companies, the Clinton “Crime Bill,” the history of Socialism as the critical “other,” and more.
Prof. Wolff’s lectures are long, usually 1.5 hours or more – but they are interesting and you will learn!
These programs begin with 30 minutes of short updates on important economic events of the last month. Then Prof. Wolff analyzes several of today’s major economic issues. This month, these will include:
1. Socialism and State Ownership
2. Socialism and State Planning
3. Socialism and the Organization of Production
Our goal: to develop all participants’ understanding and ability to explain current economic events and trends to others. When time permits, we open the floor to questions and comments.
— Democracy at Work