Richard Wolff: What is capitalism? What is socialism?
In this interview with acTVism Munich, American Marxian economist Richard Wolff answers:
- What is Capitalism and Socialism?
- What differentiates Capitalism from Socialism?
- Has either system ever existed in its purest form?
- Was Capitalism actually overcome by Socialism when the State took over private ownership?
- What changes are required in society to truly implement Socialism?
This article originally appeared on DemocracyAtWork.info.