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Capitalism versus Socialism

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Starting with this year, I followed some talks by Richard D. Wolff. He is an American Economist with degrees from all relevant important universities which comes to your mind.

One of his regular events is called Global Capitalism organized by Democracy at Work. I just listened to the August 2017 event.

It is highly recommended to watch or listen to this event. Not only because Richard D. Wolff is an excellent speaker who is able to express various things in easy to understand words. He is a great analyst who shares his findings with an interested public. He offers also a nice point of view from someone who favors the ideas of Socialism in explicit contrast to Capitalism, the current dominant system in the so-called western countries.

In the August event, he explains many interesting things. For example the difference between Socialism and Communism. A difference which is remarkable misunderstood by the majority of people.

Do yourself a favor and invest this ninety minutes of talking about so many important things. It widens up your view of the world, for sure.


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