What is Communism? Q&A with Prof. Howie Baetjer
How is Communism described in theory, and how does it play out in the real world? Join us for our question and answer series with Prof. Howie Baetjer. SUBSCRIBE: http://bit.ly/2dUx6wg LEARN MORE: Marxism Explained in 2 Minutes, with Deirdre McCloskey (video): “Marx was the greatest social scientist of the 19th century…” says Professor Deirdre McCloskey. “But he got everything wrong.” https://www.youtube.com/watch?v=-np-3g3_Mg0 What If There Were No Prices? Railroad Thought Experiment (video): What if there were no prices? How would you use available resources? Prof. Howie Baetjer walks us through a thought experiment. https://www.youtube.com/watch?v=zkPGfTEZ_r4 Does Capitalism Exploit Workers? (video): The idea that capitalism exploits workers stems from Karl Marx's work in the late 1800s. Although the definition of "exploitation" has changed since then, many still believe capitalist systems take advantage of vulnerable workers. Prof. Matt Zwolinski explains why capitalism actually tends to protect workers' interests. https://www.youtube.com/watch?v=4Ttbj6LAu0A TRANSCRIPT: Full transcript available at: http://www.learnliberty.org/videos/what-is-communism-qa-with-prof-howie-baetjer LEARN LIBERTY: Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at http://www.learnliberty.org/.