Answering our Critics_on Economic Update

Every Wednesday at 11am Pacific – 2pm Eastern – 19:00 GMTEconomic Update

Answering our Critics
_on ECONOMIC UPDATE with Richard D. Wolff

Three major criticisms of Economic Update are considered: (1) that we don’t praise capitalism for reducing world poverty, (2) that we don’t admit that “socialism has never worked anywhere,” and (3) that no inventor of a new product or technique who starts a business will ever accept that employees in such a business are equal partners with the inventor, originator of the business. Today’s program answers these criticisms, refuting their arguments systematically.

Each show wraps up with Professor Wolff answering some questions that he receives through his website or on Facebook. Economic Update is in partnership with Truthout.org.


This show was broadcast on January 15, 2020.

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