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Richard Wolff: Marxism and Communism | Lex Fridman Podcast #295

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Caption notes

Wolff uses a machinery purchase to illustrate his account of firm organization. The distribution of gains is an outcome; the authority to decide what to buy and what to do with any savings is a separate property.

Public machine transcript (may contain transcription errors) ↗
Original passages · 2
who gets to decide who gets it.
Richard Wolff: Marxism and Communism | Lex Fridman Podcast #295 · ▶ 40:35–40:41
the decision of whether or not to buy a machine
Richard Wolff: Marxism and Communism | Lex Fridman Podcast #295 · ▶ 77:44–78:00

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