Questioning Socialism – A Constructive Debate with Richard D. Wolff

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Questioning Socialism – A Constructive Debate with Marxist Richard D. Wolff


In this interview we talk to Professor of Economics Emeritus (University of Massachusetts), Marxist economist and founder of Democracy at Work, Richard D. Wolff, about neoliberalism, capitalism & socialism. In addition we question the underlying principles and methods of socialism and also inquire whether a reformist or revolutionary approach is required in order to improve the system.


VIDEO: Questioning Socialism – A Constructive Debate with Richard D. Wolff


To view our educational video playlist with Richard D. Wolff, click here.


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ABOUT RICHARD WOLFF

Richard D. Wolff

Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst. He is currently a Visiting Professor in the Graduate Program in International Affairs of the New School University in New York. Wolff has also taught economics at Yale University, City University of New York, and the University of Paris I (Sorbonne).

He is a co-founder and contributor of Democracy at Work, a non-profit organization that promotes democratic workplaces as a key part of a transition to a better economic system. Wolff has published many books and articles, both scholarly and popular. Most recently, in 2012, he published the books Democracy at Work: A Cure for Capitalism (Haymarket Books) and Contending Economic Theories: Neoclassical, Keynesian, and Marxian, with Stephen Resnick (Cambridge, MA, and London: MIT University Press). The New York Times Magazine has named him “America’s most prominent Marxist economist.


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  1. This helps answer a lot of questions. Still some were not really answered that well. One was on equality. I would like to hear more on motivation and innovation in a Socialist system. Also, what happens to money? Does money circulate and accumulate like it does in Capitalism? Does it work like certificates or gift cards that can only be used once. Does money have and depreciation rate with time if it is not used after being issued to you for the work you did or does it simply expire after a certain time and have no value?

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