Capitalism vs. Socialism: A Soho Forum Debate

Prof. Wolff debates former Barron's economics editor Gene Epstein on which economic system best promotes, freedom, equality, and prosperity - socialism or capitalism.

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  • Billy Richards
    commented 2019-12-11 06:17:11 -0500
    I’m not an economist or as well read but the way I perceive the need to change capitalism is to focus on community owned basic needs such as Housing, Food, Water, Education, Healthcare, Public Transport and Communication. Everything else is surplus and if people want to spend time on creating surplus then it should not be at the expense of their time, of which they can price at what they perceive the value can be. That’s how I have perceived the best option of the Socialist movement.
  • Brian Hester
    commented 2019-12-08 13:00:15 -0500
    Fantastic debate. You handled the heckler very well, Richard. Was there anything your opponent disagreed with?