.jpg)
Robert Reich
.jpg)
Former Secretary of Labor discusses the Capitalism vs. Socialism Debate, Income Inequality and Corporate Public Policy.
Richard Wolff
.jpg)
Professor of Economics at University of Massachusetts, Amherst discusses Karl Marx, Marxism and why young people are embracing "socialism".
Joseph Stiglitz
.jpg)
Professor of Economics at Columbia University and 2001 Nobel recipient discusses the state of capitalism and the impact of income inequality.
Capitalism vs. Socialism
.png)
Capitalism is an economic system in which
the means of production of goods or services
are privately owned and operated for a profit.

The Where and What of an Economy
WHERE people work and WHAT people produce
.png)
What is Capitalism?
Duration: 3 minutes
Capitalism Explained
Duration: 10 minutes
Is Capitalism Broken?
Duration: 7 minutes (2022)
Is Capitalism Dying?
Duration: 8 minutes (2020)
Building a New Economy
Capitalist & billionaire entrepreneur
Nick Hanauer, talks about a new theory of economics powered by reciprocity and cooperation.
Duration: 17 minutes (2019)
Big ideas for an Equitable Economy
Rutger Bregman on the Daily Show
(*some mature language)
Duration: 13 minutes (2019)
.png)
Socialism is an economic and social system in which the means of production is controlled by workers, as opposed to private power, and production is based on human need, as opposed to profit.

The How and Why of an Economy
HOW people make money and
WHY people buy things
Capitalism AND Socialism
There is no such thing as a pure 100% capitalist economy.
Every capitalist country utililizes a combination (hybrid) of both capitalist (free market) and socialist policies.
The truth is, capitalism can not thrive – or even work – without socialist programs benefiting society as a whole.
Understanding Democratic Socialism
Duration: 5 minutes
Why Democratic Socialism is Gaining Popularity
Duration: 26 minutes
American Capitalism vs. Sweden Socialism
Duration: 13 minutes (2020)
Do Republicans REALLY "Hate" Socialism?
Duration: 13 minutes (2020)
Is Your Job Actually Socialism?*
If capitalism is the "American Way", shouldn't ALL Americans be capitalists?
Capitalism is based on the premise of making a profit... how much "profit" did you make at your job today?
If you did not make a profit, then what IS your job? If it is not capitalism, does that mean it is socialism?
To your employer, your job (thus you) is an expense (cost of labor) needed to generate profit.
Consider your salary or hourly wage...
a) If you get paid an annual salary, your salary is divided into 52 equal payments
- which is an equal distribution of your salary.
b) If you get paid an hourly wage, you get paid the same amount for every hour of your labor.
An equal distribution of wealth and getting paid the same amount every pay cycle sounds more like socialism.
It seems capitalists use a socialist approach when it comes to paying for their labor.
* The purpose of the above analysis is to make people think and is open to interpretation.
What is "Late Capitalism"?
Duration: 4 minutes (2017)
Why is Everyone Talking About Karl Marx?
Duration: 13 minutes (2024)
Why People are Losing Faith in Capitalism
Duration: 16 minutes
Marxism: A Future Beyond Capitalism?
Duration: 25 minutes
Why Do Young People Like Socialism?
Duration: 18 minutes
Chances Are You Are Probably Already a Socialist
Duration: 10 minutes


.png)

.jpg)