This week on Economic Update, Professor Wolff goes beyond the simplistic, sterile Cold War debates of demonizers vs celebrants of the USSR as he delivers an in depth analysis of the USSR's strengths, weaknesses, successes and failures from its revolutionary beginnings in 1917 to its implosion in 1989. The first episode of a special 2-part series where Professor Wolff gives the same in-depth analysis for the People's Republic of China in the second part.
Want to learn more about this subject? At the beginning of the episode, Prof. Wolff references a book that he co-authored which provides a much more detailed background and analysis for everything he mentions in this show.
"Class theory and History. Capitalism and communism in the U.S.S.R."
by Stephen Resnick & Richard Wolff
Publisher: London: Routledge, 2002
Learn more about Prof Wolff's new book, "The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself" released in September 2020. Available as a paperback now!
"Richard Wolff in his new book examines frightening and anti-democratic configurations of corporate power, offering not only a blueprint for how we got here, but a plan for how we will rescue ourselves and create new models of economic and political justice.” - Chris Hedges
Check out Prof. Wolff's other books "Understanding Socialism" and "Understanding Marxism" http://www.lulu.com/spotlight/democracyatwork