Premium Only Content
"Socialism is preferable to capitalism as an economic system
Reason is the planet's leading source of news, politics, and culture from a libertarian perspective. Go to reason.com for a point of view you won't get from legacy media and old left-right opinion magazines.
---------
That proposition was the subject of a November 5, 2019, debate hosted by the Soho Forum, a monthly debate series sponsored by Reason. Arguing in favor of the resolution was Richard D. Wolff, an economist at the University of Massachusetts and the author, most recently, of Understanding Marxism. Taking the other side was former Barron's economics editor Gene Epstein, who is also the Soho Forum's co-founder and director. Reason's Nick Gillespie served as moderator.
It was an Oxford-style debate, in which the audience votes on the resolution at the beginning and end of the event; the side that gains the most ground is victorious. It was a packed house, with about 450 people in attendance. The pre-debate vote found that 25 percent of the audience agreed that socialism was preferable to capitalism, 49.5 percent picked capitalism as the better system, and 25.5 percent were undecided. Despite a technical problem at the event itself, the Soho Forum was able to recover the final vote totals, which saw support for socialism drop by half a percentage point and support for capitalism increase to 71 percent.
Produced by John Osterhoudt
Photo Credit: Brett Raney
-
26:37
The Ron Paul Liberty Report
2 years ago"Woke" Capitalism Is An Economic Disaster In The Making
7.61K21 -
3:05
Resist the Mainstream
2 years agoAOC: Capitalism Is Not a 'Redeemable System for Us'
4.68K39 -
17:59
BaggyPants
2 years agoEp. 2896a - Bills Are Submitted, The Economic Event Will Push The People’s System
8 -
LIVE
Graham Allen
1 hour agoPANIC‼️ Biden Is Giving NUKES To Ukraine! + Jack Smith DISMISSED Cases Against Trump!
8,347 watching -
LIVE
Matt Kohrs
10 hours agoBitcoin Falters, Degen Psychology & Breaking News || The MK Show
1,300 watching -
LIVE
BonginoReport
2 hours agoJack Smith Belongs Behind Bars (Ep.93) - 11/26/24
13,063 watching -
LIVE
Clownfish TV
2 days agoClownfish TV News 24/7
45 watching -
1:32:51
Game On!
9 hours ago $7.12 earnedThe NFL has an officiating problem after the WORST MNF game of all time!
37K4 -
1:11:52
LFA TV
11 hours agoDebt Tuesday: Trump: More Tariffs on Canada, Mexico, China | WORLD HD 11.26.24 @8am EST
22.7K2 -
1:05:00
Part Of The Problem
12 hours agoDave Smith | Trust the Science | Part Of The Problem 1196
59.9K35