Laura Flanders Show - Richard D. Wolff / John Nichols

This week: Socialism vs Capitalism. Is socialism still an American taboo? not so much, says professor Richard Wolff. nor was it in the past, says Nation columnist John Nichols. Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, and is a Visiting Professor in the Graduate Program in International Affairs at the New School University in New York City. He has authored or co-authored more than a dozen books, including his most recent; Capitalism’s Crisis Deepens: Essays on the Global Economic Meltdown 2010- 2014, and he hosts the weekly Economic Update podcast. John Nichols' many books include The "S" Word: A Short History of an American Tradition...Socialism, and, most recently, Dollarocracy: How the Money-and-Media-Election Complex is Destroying America. This episode also features a commentary from Laura about renaming capitalism. teleSUR