Duration 1:38:45
Capitalism vs. Socialism: A Soho Forum Debate
Published 14 Nov 2019
"Socialism is preferable to capitalism as an economic system that promotes freedom, equality, and prosperity." ------- Subscribe to our YouTube channel: /ReasonTV Like us on Facebook: https://www.facebook.com/Reason.Magazine . Follow us on Twitter: https://twitter.com/reason Subscribe to our podcast at iTunes: https://goo.gl/az3a7a 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
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this is what serious people sound like. Very different from our world leaders isnt it?
edit: shit 2k likes and 166 relies. Nev
in the context of the war most of us personally op
first person to ask a question " hello i am from germany" lmfao. 857
capitalist bootlickers socialists. 3296
let me appreciate you guys for the time, and the best of luck in advance.
you both
adam smith warned about the nature of business and the smith said business and industry can' t get together for tea and refreshment with out discussion turning to some contrivance to harm the public good and raise prices.
smith warned specifically against corporations having access to government power
I AGREE!!! If we ignore the starvation/death statistics they go away ! 3
several snarky comments towards prof. Wolff with no chance to address them, and downright rude commenting on the appearance and gender of the questioners. 1
step 1: establish a non-partisan committee
create a non-partisan committee comprising experts, academics, andfrom both left-leaning and right-leaning ideologies. Theobjective will be to draft a comprehensive social progress initiative (cspi) that encompasses the concerns and values of both sides.
step 2: identify common goals
the committee will conduct thorough research to identify common goals shared by both left and right ideologies. Examples could include economic prosperity, individual freedoms, social justice, environmentaland national security.
step 3: define core principles
based on the common goals identified, the committee will establish a set of core principles that will guide the reform. These principles should reflect the values and aspirations of both left and right while emphasizing cooperation and compromise.
step 4: rethink economic systems
one major point of contention is the role of the government in the economy. Instead of arguing for a purely capitalist or socialist approach, the cspi will propose a mixed economic system that promotes free-market competition while ensuring a strong social safety net. This system should support economic growth while providing adequate support to those in need.
step 5: invest in education and reconciliation
education plays a crucial role in fostering understanding and empathy between conflicting ideologies. The cspi will advocate for comprehensive educational reforms that teach critical thinking, media literacy, and the value of diverse perspectives. Additionally, initiatives promoting dialogue and reconciliation between different groups should be implemented to heal societal divides.
step 6: encourage local initiatives
recognize that different communities have unique needs and preferences. Devolve somepower to local governments, allowing them to implement policies tailored to their specific circumstances while still adhering to the cspi' s core principles.
step 7: promote evidence-based policies
both left and right can agree on the importance of evidence-based policies. The cspi will advocate for rigorous research and evaluation of proposed reforms to ensure their effectiveness and efficiency.
step 8: political campaign finance reform
to reduce the influence of money in politics, implement comprehensive campaign finance reform that promotes transparency, limits corporate donations, and encourages grassroots fundraising.
step 9: foster civic engagement
promote civic engagement and participation in the political process by creating accessible platforms for public input and involvement. Encourage citizens to contribute to policy-making through town halls, citizen assemblies, and participatory budgeting.
step 10: emphasize long-term thinking
encourage long-term thinking in policymaking to address issues beyond electoral cycles. Establish a non-partisan body responsible for assessing long-term challenges, such as climate change and automation, and proposing strategies for addressing them.
it' s crucial to remember that no reform can completely eliminate all disagreements, but the cspi aims to create a framework that respects the diversity of perspectives while seeking common ground for the betterment of society as a whole. The success of such an initiative would depend oncompromise, and a commitment to working together for the greater good.
-gpt 4