Richard Wolff: Difference between socialism & communism and what they both missed

Richard Wolff: Difference between socialism & communism and what they both missed

But with the Russian Revolution a great change happened. The Russians, through a revolution in 1917, took over, closed the stock market, made industries the property of the government to be run on behalf of all the people, and instituted…

Economic Update: Working Class History and the 2020 Election

Economic Update: Working Class History and the 2020 Election

Welcome, friends, to another edition of Economic Update, a weekly program devoted to the economic dimensions of our lives. I’m your host, Richard Wolff, and today’s program takes into account the fact that Americans are beginning to look into the…