The difference between Richard Wolff and me

Richard Wolff condemns the capitalist system, and so do I. But whereas he finds fault with the employer-employee relationship, in that the employer “exploits” the workers, and he recommends that all businesses be worker-owned and operated; I, on the other hand, do not find fault with this. It is a normal human desire to seek profits, or a better deal whenever possible. So, an entrepreneur takes advantage of the situation as best he can. And if he does not, his competitors will.

The root evil of capitalism — which is really a political system — is that politically it bars people from using land for free for subsistence. Not having such free access to subsistence land, drives people to becoming either employers or employees, depending on their capabilities and good fortune.

I am surprised that Wolff, who claims to be a Marxist economist, does not find this truth in the writings of Marx. It is there in Chapter 26: “The Secret of Primitive Accumulation” of Capital.

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