Why Socialists Can't Create a PS5
Richard Wolff, like Karl Marx, seems completely unaware of what drives market innovation.
A couple of years ago, Marxist economist Richard Wolff was interviewed by the American live-streamer Destiny.
In the interview, a listener asks Wolff a provocative question: “Under your system of worker cooperatives, would I still get my PlayStation 5?”
You can see how Wolff responds in the clip below.
In my latest article for the American Institute for Economic Research, I explain that Wolff makes the same economic mistake as Karl Marx.
Richard Wolff is such a clown: “getting your PlayStation 5 would involve a democratic election with your coworkers”. What a childishly naive, yet incredibly dangerous, take on economics! Not hard to understand how this kind of thinking led to the Holodomor.
wolf is an absolute moron. he should create and live in his own worker's paradise. the trouble is wolf thinks he'll be in the inner party and won't be subject to any of the horror he plans for everyone not so favored. All these pigs are like that.