James Otteson joins us this week to talk about the socio-economic system known as socialism. Is an idealized form of socialism possible, and if not, why not?
James Otteson is the author of The End of Socialism (2014) and is a professor of political economy at Wake Forest University. This week he joins us to talk about socialism and explains several problems with the philosophy’s methodology that makes it unworkable in the real world.
What exactly is socialism? What’s the distinction between socialism and corporatism? Why doesn’t socialism work?
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James Otteson is the Thomas W. Smith Presidential Chair in Business Ethics, and Teaching Professor of Political Economy at Wake Forest University.
Aaron Ross Powell is a research fellow and editor of Libertarianism.org, a project of the Cato Institute. Libertarianism.org presents introductory material as well as new scholarship related to libertarian philosophy, theory, and history. Powell’s writing has appeared in Liberty and The Cato Journal. He earned a JD from the University of Denver.
Trevor Burrus is a research fellow at the Cato Institute’s Center for Constitutional Studies. His research interests include constitutional law, civil and criminal law, legal and political philosophy, and legal history. His work has appeared in the Vermont Law Review, the Syracuse Law Review, and the Jurist, as well as the Washington Times, Huffington Post, and the Daily Caller. He holds a BA in Philosophy from the University of Colorado at Boulder and a JD from the University of Denver Sturm College of Law.