Latest episode of Richard Wolff’s “Economic Update” show, this week diving into the changing nature of socialism, from the 19th century to today.
In the first half of this week’s Economic Update, Professor Wolff discusses how and why socialism changed from what it meant in the 19th and 20th centuries — e.g. public enterprises + state planning vs capitalism’s private enterprises + markets.
During the second half of the show, Prof. Wolff leads us on an exploration of why 21st century socialism aims to democratize capitalist workplaces, replacing their top-down undemocratic organization with worker cooperatives.
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Source URL — https://roarmag.org/2019/10/15/economic-update-worker-co-ops-socialisms-future/