The Business Edge

Economic Systems- When Profit Is Not Enough

Feliciano School of Business Season 2 Episode 3

In his new podcast series titled, The Future of Financing Freedom, Dr. David Axelrod, Instructional Specialist in the Department of Economics at the Feliciano School of Business at Montclair State University, considers the relationships between the concepts of finance, future and freedom in addition to presenting policy proposals based on these insights.

Most modern economies are driven by businesses seeking to make profit. While this helped increase our material standard of living, is it enough to get society where it wants to go? We consider  the differences between Capitalism, "Profitism", and Socialism.