Economic Update: The "Great Debate" That Wasn't

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[S10 E28] The "Great Debate" That Wasn't

**Economic Update is a @Democracy At Work production. We make it a point to provide the show free of ads. Please consider supporting our work. Donate one time or become a monthly donor by visiting us at or become a patron of Economic Update on Patreon: Your contributions help keep this content free and accessible to all. Now more than ever, sharing Prof. Wolff's message is critical.

Throughout capitalism's history, the big topic in economics was how far 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.
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Prof. Wolff's latest book "Understanding Socialism"


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