The “Great Debate” That Wasn’t _on Economic Update

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

The “Great Debate” That Wasn’t
_on ECONOMIC UPDATE with Richard D. Wolff

Throughout capitalism’s history, the big topic in economics was how far the government should intervene in the economy. Conservatives wanted minimum intervention while liberals and socialists wanted much more. In fact, government intervention mostly aimed at saving, protecting, supporting capitalism. The genuinely “great debate” could and should have been about the strengths and weaknesses of capitalism versus those of a real alternative system, socialism.

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 July 22, 2020.

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