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.

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.

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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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