Marx Was Right
Economic Update with Richard D. Wolff
Democracy at Work
4.8 • 2.1K Ratings
🗓️ 16 December 2025
⏱️ 31 minutes
🧾️ Download transcript
Summary
This week's episode of Economic Update is an adaptation from a talk Professor Wolff gave at Yale University on December 2, 2025, to the Yale Political Union. In this presentation, he discusses the significance of the title "Marx was Right," which Yale offered, and points out that, over the last 75 years, such a topic or event would not likely have occurred on that campus. He provides a basic summary of critical points throughout Marx's work where he has been proven "right." Professor Wolff also discusses how and why socialism has evolved, from the rise and fall of the USSR to the rise of the People's Republic of China.
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Transcript
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| 0:00.0 | Welcome, friends, to another edition of Economic Update, a weekly program devoted to the economic |
| 0:26.8 | dimensions of our lives and those of our children. |
| 0:30.8 | I'm your host, Richard Wolfe. |
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