25. What are Communism, Socialism, & Capitalism? Economic Ideologies 101

Wiser World

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1y ago 22:53

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This is a basic foundational view of the economic ideologies designed for non-experts who need a refresh. When a person calls themselves a communist, or a socialist, or a capitalist, what does that even mean? What are the basic foundational principles behind each economic ideology? Why does understanding these systems at even just a basic level matter so much? I take these complex economic systems and make them approachable in this episode on Communism, Socialism, and Capitalism.

Transcript for this episode.

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