Ask Prof Wolff: Founding Fathers, Capitalism vs. Socialism

A patron of Economic Update asks: "We hear from conservatives how the "Founding Fathers" of US Democracy were staunch Capitalists and wanted no part of Socialism. I always thought that argument was strange as both "The Wealth of Nations" and 'Das Kapital" were published after this nation was formed I would appreciate your comments on this discussion."

This is Professor Richard Wolff's video response.

Ask Prof Wolff is a @Democracy At Work  production. We are committed to providing these videos to you free of ads. Please consider supporting us on Patreon.com/economicupdate. Become a part of the growing Patreon community and gain access to exclusive patron-only content, along with the ability to ask Prof. Wolff questions like this one! Your support also helps keep this content free to the public. Spreading Prof. Wolff's message is more important than ever. Help us continue to make this possible.

Submit your own question to be considered for a video response by Prof. Wolff on Patreon: https://www.patreon.com/economicupdate/community.


Learn more about Prof Wolff's new book, "The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself," available now at www.democracyatwork.info/books

“A magnificent source of hope and insight.”
Yanis Varoufakis
Greek economist, academic, philosopher, politician, author of Talking to my daughter about the economy


Follow us ONLINE:

Patreon: http://www.patreon.com/economicupdate

Facebook:

Twitter:

Instagram:

Shop our CO-OP made MERCH:  https://democracy-at-work-shop.myshopify.com/

 


Showing 1 comment

  • pasqual digesu
    commented 2021-06-10 07:55:47 -0400
    “The end of democracy and the defeat of the American Revolution will occur when government falls into the hands of lending institutions and moneyed incorporations.”
    Thomas Jefferson
    “There is nothing I dread so much as the division of the republic into two great parties, each arranged under its leader, and concerting measures in opposition to each other. This, in my humble apprehension, is to be dreaded as the greatest political evil under our constitution.”
    John Adams
    “When economic power became concentrated in a few hands, then political power flowed to those possessors and away from the citizens, ultimately resulting in an oligarchy or tyranny.”
    John Adams
Please check your e-mail for a link to activate your account.

Become a Monthly

[email protected]

Supporter

Sign Up!


Follow Us


Facebook Friends:

Which of your Facebook friends have joined

d@w

Connect to Find Out:


patreon_promo-01.png