Preview Mode Links will not work in preview mode
Economic Update with Richard D. Wolff is a weekly nationally syndicated program produced by Democracy at Work and hosted by Richard D. Wolff. The program explores complex economic issues and empowers listeners with information to analyze not only their own financial situation but the economy at large. Beyond focusing a critical eye on the economic dimensions of everyday life - wages, jobs, taxes, debts, interest rates, prices, and profits - the program also explores systemic solutions to our economy's problems including alternative ways to organize production and distribution of the goods and services we all depend on. 
 
Democracy at Work is a non-profit 501(c)3 that advocates for worker cooperatives and democratic workplaces as a key path to a different, stronger, democratic economic system.  Generous contributions made from subscribers like you make our work possible.  Economic Update is a collaborative effort, brought to you each week by the hard work and dedication of a team of workers. Your subscriptions fees help cover the cost of salaries and production costs.  We are truly grateful for your support. 
 
The subscription plan will give you access to all back catalogue and bonus episodes and interviews. We are committed to bringing you quality content with distinguished guests and the latest economic news that impacts all of our lives.  All our shows are free of ads.  The subscription service helps us pay for the costs of production. Please consider subscribing today.

 

Get Access to Premium Episodes
  1. All Episodes
  2. [S9 E47] Libertarianism, Capitalism and Socialism

[S9 E47] Libertarianism, Capitalism and Socialism

Dec 12, 2019

Libertarians defend capitalism by saying its many current flaws/faults flow from the state's economic interventions, not from the system itself. Libertarians oppose socialism as even more state-dominated. We criticize libertarians based on capitalism's long history of strong state interventions and socialism's long-standing anarchistic components. We conclude by inviting consideration of possible agreements between some libertarians and some socialists.