A patron of Economic Update asks: “I am fascinated about socialist & marxist movements in rural areas, small towns and among farmers. This seems inconceivable in todays climate. Especially when these are normally people who are historically suspicious of government intervention. I am curious as to what kind of socialism did these rural socialist envision? Was it government ownership of land? Land redistribution? Cooperatives? A combination?”
This is Professor Richard Wolff’s video response.