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Ask Prof Wolff: Marxism and the Slogan "Abolish Billionaires"

A patron of Economic Update asks: "Marxist activist and revolutionary Caleb Maupin claims that the slogan "Abolish Billionaires" is anti-Marxist, and that Marxism means "vast abundance and expanding wealth". Citing the immense progress that humanity has made up to the present day, Mr. Maupin envisions making everyone in the world richer than today's billionaires. Is this all nothing more than a utopian fantasy?"

This is Professor Richard Wolff's video response.

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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


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