Richard Wolff talks about communism as one of 3 basic kinds of socialism

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In this episode, Prof Wolff looks at 3 main kinds of socialism and how they affect the mass of people. In this clip he addresses the second, communism.

"They can get economic achievement on a scale that other societies both capitalist and the other kind of socialism, the regulatory kind, have not been able to achieve. That has to be faced. That is a virtue of those systems. But they too have their problems..."

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Prof. Wolff's latest book "Understanding Marxism"
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