5min chapter

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#295 – Richard Wolff: Marxism and Communism

Lex Fridman Podcast

CHAPTER

Aristotle and Plato Talked About Capitalism

Economics as a discipline is born with capital. But the serious part of this is that economics, you know, it's really about capitalism. Both Aristotle and Plato hated markets, denounced them. And for the same reason, they destroy social cohesion. They destroy community. The destructive thing of a market is the engine of capitalism. It creates exploitation of the worker. That's too facilitated. We are in greater need of solving this problem than that problem.

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