Episode 22: Socialism in the 21st Century
We examine the word socialism on this episode of Collateral Banter. What would a socialist economy look like today? Would it resemble state ownership and what problems might this produce? What's the motivation for individuals to take risks, innovate, and work in a socialist economy? In asking these questions, Danny explores alternative forms of economic production that shun private and state models of production which often hinders leftist discourse. We will continue to discuss the limitations and possibilities of socialism in future episodes. Enjoy.