Bard Economist Pavlina Tcherneva Discusses Capitalism, Socialism, and Saving the Middle Class on WNYC's Brian Lehrer Show

“There’s no such thing as pure capitalism. I think what we’re looking at is trying to understand the role of government and the extent of that role. Because even when you think of a free market economy, we have a lot of socialized [services]—think of veteran benefits, veteran health insurance. Here we have Trump speaking at a veterans event and talking against socialism when we actually have socialized veteran health care. [...] The way I see it is that if we want to have an economy that is a little more stable—and that’s a market economy—we need to be able to provide some basic provisions to deal with economic security.”

Post Date: 09-28-2020