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Podcast: Bloggingheads.tv: The Glenn Show
Episode: Capitalism and Democracy in Post-Industrial America (Glenn Loury, John McWhorter, and Richard Wolff)
Description: A special announcement from Glenn ... Richard’s journey from quiet Marxist to public intellectual ... Why Youngstown, Ohio was left behind ... Richard: Capitalist ownership is inherently anti-democratic ... Richard’s critique of Hayekian libertarianism ... Pecuniary externalities vs. objective externalities ... Socialism’s historical track record ... Employees as stakeholders ... The rise of the right in the wake of the New Deal and WWII ... The Glenn Show’s new partnership with the Manhattan Institute ...