Honest, paywall-free news is rare. Please support our boldly independent journalism with a donation of any size.
This interview with Richard D. Wolff, University of Massachusetts professor of Economics Emeritus, Marxist economist and founder of Democracy at Work, discusses capitalism and socialism, including:
- What is capitalism and socialism?
- What differentiates capitalism from socialism?
- Has either system ever existed in its purest form?
- Was capitalism actually overcome by socialism when the state took over private ownership?
- What changes are required in society to truly implement socialism?
Press freedom is under attack
As Trump cracks down on political speech, independent media is increasingly necessary.
Truthout produces reporting you won’t see in the mainstream: journalism from the frontlines of global conflict, interviews with grassroots movement leaders, high-quality legal analysis and more.
Our work is possible thanks to reader support. Help Truthout catalyze change and social justice — make a tax-deductible monthly or one-time donation today.