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Richard D. Wolff Debates FOX's Stuart Varney About Socialism

Tuesday, August 08, 2017 By Richard D. Wolff, Democracy At Work | Video Interview
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Economist and Democracy At Work founder Richard Wolff joined Fox Business on July 31 to debate with Stuart Varney about socialism, capitalism and taxes. Capitalism is responsible for a level of inequality not seen since the time of the ancient Pharaohs, says Wolff. The return to socialism as a better alternative in current US society is not because Americans inherently favor socialism, but because capitalism has failed them.

This piece was reprinted by Truthout with permission or license. It may not be reproduced in any form without permission or license from the source.

Richard D. Wolff

Richard D. Wolff is professor of economics emeritus at the University of Massachusetts, Amherst, where he taught economics from 1973 to 2008. He is currently a visiting professor in the Graduate Program in International Affairs of the New School University, New York City. He also teaches classes regularly at the Brecht Forum in Manhattan. Earlier he taught economics at Yale University (1967-1969) and at the City College of the City University of New York (1969-1973). In 1994, he was a visiting professor of economics at the University of Paris (France), I (Sorbonne). His work is available at rdwolff.com and at democracyatwork.info.

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Richard D. Wolff Debates FOX's Stuart Varney About Socialism

Tuesday, August 08, 2017 By Richard D. Wolff, Democracy At Work | Video Interview
  • font size decrease font size decrease font size increase font size increase font size
  • Print

Media

Economist and Democracy At Work founder Richard Wolff joined Fox Business on July 31 to debate with Stuart Varney about socialism, capitalism and taxes. Capitalism is responsible for a level of inequality not seen since the time of the ancient Pharaohs, says Wolff. The return to socialism as a better alternative in current US society is not because Americans inherently favor socialism, but because capitalism has failed them.

This piece was reprinted by Truthout with permission or license. It may not be reproduced in any form without permission or license from the source.

Richard D. Wolff

Richard D. Wolff is professor of economics emeritus at the University of Massachusetts, Amherst, where he taught economics from 1973 to 2008. He is currently a visiting professor in the Graduate Program in International Affairs of the New School University, New York City. He also teaches classes regularly at the Brecht Forum in Manhattan. Earlier he taught economics at Yale University (1967-1969) and at the City College of the City University of New York (1969-1973). In 1994, he was a visiting professor of economics at the University of Paris (France), I (Sorbonne). His work is available at rdwolff.com and at democracyatwork.info.