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The Fall of the Berlin Wall and the Failures of Actually Existing Economic Systems

Richard D Wolff, Truthout News Analysis Truthout
One lesson to draw from the GDR's history is that if socialist societies are to be run by, of and for the people, then the people have to be in charge and that includes within the economy. Democracies (both capitalist and socialist) will remain merely formal when the economy continues to be run by small self-selecting minorities. Those minorities will dominate until they are overthrown.
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