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Economic Update with Richard D. Wolff

Understanding Communism Part Two

Economic Update with Richard D. Wolff

Democracy at Work

Coops, Economics, Economy, Workercooperative, Capitalism, Politics, News, Government

4.81.9K Ratings

🗓️ 24 September 2024

⏱️ 30 minutes

🧾️ Download transcript

Summary

On this week’s episode of Economic Update, Professor Richard Wolff offers a special episode to continue the previous discussion on communism. We will discuss how socialism's history evolved into separating socialism from communism and creating multiple, different meanings of what is considered communism today.

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Transcript

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0:00.0

And the Welcome friends to another edition of Economic Update, a weekly program devoted to the economic

0:26.4

dimensions of our lives and those of our children.

0:30.0

I'm your host, Richard Wolf.

0:33.0

Today's program is a kind of part two from last week.

0:37.3

Last week we talked about communism.

0:39.5

Many of you have written to me and asked about it.

0:42.5

And I gave a kind of general overview, definition,

0:46.1

and looking at the basics.

0:48.4

I want to now go back and revisit the same subject,

0:52.4

but this time doing it very carefully, historically, and very much focused on the last century, the one we are now ending.

1:01.0

And I think that that will give us a way of understanding

1:05.0

communism that is better than trying to cram it all into one session.

1:11.2

Before I jump back in, my usual couple of announcements plus a new one at the beginning.

1:17.0

I want to remind you of the appreciation we feel for the suggestions and comments you send in to Charlie Fabian who's working with us to take them and to transform them into program

1:30.5

Proposal for what we can do in the future.

1:35.2

So once again, Charlie.

1:37.9

info 338 at gmail.com Charlie. Info 438 gmail.com I also want to direct your

1:50.8

attention to our website democracy at work dot info because there are two

1:56.7

things there now not just one there is of course information about our new book understanding Understanding Capitalism, just released a few weeks ago and a kind of

2:06.7

summary of what I've been working at most of my adult life.

2:10.3

I think you'll find it a remarkable way of getting at the kinds of material that probably

2:15.8

bring you to this program.

...

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