A patron of Economic Update asks: "I wondered if you could give your critique of the Nordic model, as practiced in for example Norway, Sweden and Denmark. I've heard American socialists speak warmly about these countries, but they clearly want to go further. What do you think are some pros and cons about this model, do you think it is a progressive step towards socialism, and how do we go further from the Nordic model?" 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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