The Real News Network has the interview Is Another World Possible? – Leo Panitch on RAI (4/4).
On Reality Asserts Itself, Prof. Leo Panitch says it’s a dilemma that the gradualism of European social-democracy and attempts at a more radical transformation have so far both failed; Panitch says a first step towards democratizing the economy is to make finance a public utility – with host Paul Jay
This is a great interview, not because it provides all the answers. It is great because it asks some very intriguing questions. Making finance a public utility is a suggestion that is a rather puny part of what makes this interview so good. This is the first discussion that I have heard in a long time that doesn’t just rehash the standard arguments about socialism and capitalism.