Richard Wolff: On Bernie Sanders and Socialism
Economy | Information | History | Online | Facts | World | Global | Money
This week: On Sanders and Socialism. Is socialism still an American taboo? Not so much, says professor Richard Wolff; nor was it in the past, says Nation columnist John Nichols. Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, and a Visiting Professor in the Graduate Program in International Affairs at the New School University in New York City. He has authored or co-authored more than a dozen books, including his most recent; Capitalism’s Crisis Deepens: Essays on the Global Economic Meltdown 2010- 2014, and he hosts the weekly Economic Update podcast. John Nichols' many books include The "S" Word: A Short History of an American Tradition...Socialism, and, most recently, Dollarocracy: How the Money-and-Media-Election Complex is Destroying America. This episode also features an commentary from Laura on renaming capitalism.
Comments
-
you can't win in team sports with a capitalistic mindset. the team comes first. this is a socialist mindset
-
socialism is not a state takeover it is empowering workers.
-
Yeah but out establishments don't want people educated at all. They don't want us expressive and creative. They want us drained and exhausted at the end of a work day, eating this GMO foods, watching Thor corporate run media on TV.
-
Socialism is a range of economic and social systems characterised by social ownership and democratic control of the means of production;[10] as well as the political ideologies, theories, and movements that aim at their establishment.[11] Social ownership may refer to forms of public, collective, or cooperative ownership; to citizen ownership of equity; or to any combination of these.[12] Although there are many varieties of socialism and there is no single definition encapsulating all of them,[13] social ownership is the common element shared by its various forms.[5][14][15]
Socialist economic systems can be divided into both non-market and market forms.[16] Non-market socialism involves the substitution of factor markets and money with engineering and technical criteria based on calculation performed in-kind, thereby producing an economic mechanism that functions according to different economic laws from those of capitalism. Non-market socialism aims to circumvent the inefficiencies and crises traditionally associated with capital accumulation and the profit system.[25] By contrast, market socialism retains the use of monetary prices, factor markets, and, in some cases, the profit motive with respect to the operation of socially owned enterprises and the allocation of capital goods between them. Profits generated by these firms would be controlled directly by the workforce of each firm or accrue to society at large in the form of a social dividend.[26][27][28] The feasibility and exact methods of resource allocation and calculation for a socialist system are the subjects of the socialist calculation debate.
The socialist political movement includes a diverse array of political philosophies that originated amid the revolutionary movements of the mid-to-late 1700s and of a general concern for the social problems that were associated with capitalism.[13] In addition to the debate over markets and planning, the varieties of socialism differ in their form of social ownership, how management is to be organized within productive institutions, and the role of the state in constructing socialism.[2][13] Core dichotomies associated with these concerns include reformism versus revolutionary socialism, and state socialism versus libertarian socialism. Socialist politics has been both centralist and decentralized; internationalist and nationalist in orientation; organized through political parties and opposed to party politics; at times overlapping with trade unions and at other times independent of, and critical of, unions; and present in both industrialized and developing countries.[29] While all tendencies of socialism consider themselves democratic, the term "democratic socialism" is often used to highlight its advocates' high value for democratic processes in the economy and democratic political systems,[30] usually to draw contrast to tendencies they may perceive to be undemocratic in their approach. The term is frequently used to draw contrast to the political system of the Soviet Union, which some have argued operated in an authoritarian fashion.[31][32][33]
By the late 19th century, and after further articulation and advancement by Karl Marx and his collaborator Friedrich Engels as the culmination of technological development outstripping the economic dynamics of capitalism,[34] "socialism" had come to signify opposition to capitalism and advocacy for a post-capitalist system based on some form of social ownership of the means of production.[35][36] By the 1920s, social democracy and communism became the two dominant political tendencies within the international socialist movement.[37] Socialism proceeded to emerge as the most influential secular political-economic worldview of the twentieth century,[38] and while the emergence of the Soviet Union as the world's first nominally socialist state led to socialism's widespread association with the Soviet economic model, many economists and intellectuals have argued that in practice the model functioned as a form of state capitalism,[39][40][41] or a non-planned administrative or command economy.[42][43] Socialist parties and ideas remain a political force with varying degrees of power and influence in all continents, heading national governments in many countries around the world. Today, some socialists have also adopted the causes of other social movements, such as environmentalism, feminism and liberalism -
BE LIKE DENMARK. IT"S THAT SIMPLE!
-
VENEZUALA!!!!
-
LOL he says we are so obsessed with the profit loss statement that we arent worried about education. Thats complete crap. Educated people are good for capitalism therefore good for profit, and this is exactly WHY privately run schools are far SUPERIOR than public run schools. The problem IS the govt schools - who do not have to think about the economic value of education.
-
Socialism for #TooBigToFail happened, so why not Socialism for #TheMassesCalledThePeople aka #TheUSCitizens?
-
LOL, what a dumb ass. There is no record in history of human kind that has done better than what comes from a free markets and respect for individual freedoms. Socialism has great goals and hopes, its not the right approach to accomplish this.
-
More Bullshit !
-
Conservatives have been pounding on the Socialist label for 7 years know! If Sanders gets the nomination, the word will be heard 24/7. The Right might revolt if Sanders wins; they have been stockpiling assault weapons, remember?
-
IQ is more closely linked to GNP than 'education' is. Western 'education' is about teaching a belief in authority and what to think and not about teaching students how to think. The belief in an overbearing totalitarian state, like a socialist one, is the product of generations of instilled authoritarian 'education'. A truly educated person does not believe we need a mommy state bossing us around and controlling every aspect of our lives. An intelligent person knows the state needs to be small or not at all because we are fully capable of cooperating voluntarily to provide our services, security and a healthy, sane society.
-
Ok educate yourself but don't make me pay for it. That's all I ask.
-
Working Together (Cooperating) on our Biggest Problems is Not a bad thing.. (The UNITED States).. 'Socialism' is going to a Cocktail Party.. Capitalism leads to Tunnel Vision and Misses the Bigger Picture of Human Evolution completely ..! (How much money am I worth..? Screw everyone else..!) Try building Hoover Dam or the Railroads, or any Infrastructure without the Citizens Cooperating Together on some level.. Wake up..! Evolve to Love (soon as your able).. Take care of each other.. (it doesn't hurt that much, really).. Blessing to All.....
-
Difference between socialism of Cuba and Venezuela to the socialism of Western and Northern Europe? EASY, DEMOCRATIC GOVERNANCE! Cuba and Venezuela have Dictatorial Authoritarian Governments as opposed to the Democracies of Europe.
-
Everything spreads faster today and will spread faster in the future. Calling 150 years fast in this day and age is a little bit silly. Kim broke the internet globally in a couple of hours.
-
Of course he is an advocate of free education like Comrade Bernie. This is because he lives in an ivory tower getting paid the big bucks. I put myself through higher education because I had the will and drive. Guy's like this will just drive the cost of education up. Someone has to pay for it. Why should it be the tax payer? Socialist live in a dream world. If you want it? Pay for it yourself. Then at least there is some drive and determination to be successful.
-
It upsets me that i cant say the word "socialism" around my dad without him getting a knee-jerk reaction, and using his misunderstanding to throw yet more crap at me. What do I say to those kinds of people? Especially when they're my own family. ? He literally knows virtually nothing about economics, is dirt poor, and yet claims the current system is fine, and that anything from any other part of the world is evil. He stands up for people who live lives so opulent compared to his that they're practically Gods. He really thinks those people have his best interest in mind. Why is it that he cant just take one babystep to the left and consider he's been hoodwinked? He is so stooped in false values that he claims are "American", that I feel as though i'm universes apart from him.
-
i will never give up my private property.... assholes
-
he's a Social Democrat it's not Socialism. you suck ass
25m 50sLenght
2981Rating