Ask Prof Wolff: Socialism's Biggest Failures

A Patron of Economic Update asks: "Could you provide an analysis on the failures of the more prominent socialist societies in recent history and the contributing factors to these failures, real or perceived?" This is Professor Richard Wolff's video response. Submit your own question to be considered for a video response by Prof. Wolff on Patreon:   / community  . Ask Prof Wolff is a‪@democracyatwrk‬ 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. _________________________________________________________________________ Learn more about d@w's NEW BOOK by award-winning print and broadcast journalist Robert "Bob" Hennelly. "Stuck Nation: Can the United States Change Course on Our History of Choosing Profits Over People?" available at www.democracyatwork.info/books “Hennelly brilliantly analyzes our capitalist crises and how individuals cope with them, tragically but often heroically. He helps us draw inspiration and realistic hope from how courageous Americans are facing and fixing a stuck nation.” - Richard D. Wolff _________________________________________________________________________ Follow Wolff ONLINE: Web: http://www.rdwolff.com Patreon:   / economicupdate   Twitter:   / profwolff     / democracyatwrk   Facebook:   / economicupdate     / richarddwolff     / democracyatwrk   Subscribe to the EU podcast: http://economicupdate.libsyn.com Shop our worker CO-OP made MERCH: https://democracy-at-work-shop.myshop...