Global Capitalism: March 2018 Live Economic Update


Democracy At Work has the video Global Capitalism: March 2018 Live Economic Update.

Our goal: To develop all participants’ understanding and ability to explain current economic events and trends to others. We open the floor to questions and comments when time permits.


There are a lot of subjects covered, and lots of good information along the way. At the very end, he gives hints of what Socialism will look like in the 21st century compared to what it has looked like over the last 150 years. He hinted at the idea of bringing Socialism to the work place as the missing part of the previous attempts at Socialism. As he mentioned, it takes many iterations to get a new system “perfected”. He mentioned that it took capitalism about 10 iterations to get it to work. So, if this will be the second iteration of Socialism, I think that this second one won’t end up being the ultimate solution. It is easy to talk about bringing Socialism to the organization of the work place, but I think it is going to take a lot of trial and error to get it right.

I hope it is going to be possible to try Socialism in the work place on small scale efforts (sort of like alpha and beta tests of software and other products) before turning the entire world into this new organization.

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