This course provides a working foundation in the core concepts of Marxian economic theory – necessary and surplus labor, labor power, surplus value, exploitation, capital accumulation, distributions of the surplus, capitalist crises, and the differences between capitalist and other class structures. In addition, these core concepts will be systematically used to understand current social problems (including political and cultural as well as economic problems).
Updates on Mexican farm exploitation, Grenoble takes down advertising, US teachers underpaid, and cutting workers' pensions. Responses to listeners on Harvard and Yale as full participants in capitalism's defects. Analyzing modern "economics" as a discipline from Adam Smith to Karl Marx and since.
Links for radio program are posted below:
The Otterbein University Department of History and Political Science Speaker Series presents Richard D. Wolff on "Our Economic Futures: Can Democracy Cure Capitalism?"
Do we have true capitalism? What exactly is Marxism, and why does it exist? Most Americans have a knee-jerk reaction against Marxism, but is it fully justified to not even speak of it? What political histories and structures are compatible with different economic systems? Is there a positive role Marxism has taken in national and world economies?
Avowed capitalist Cenk Uygur discusses these questions and much more with Professor Richard D. Wolff.
Updates on my Bill Maher appearance, the Arizona execution, direct actions in Seattle and in New England (market basket stores), Derek Jeter tickets, and Chinese meat scandal. Major discussions of Obama's low polls, the changing meaning of socialism, and differences between private profit and social well-being. Response to listeners on auto and beef industries, credit unions, and bullies.
This article originally appeared at Truthout.org
Richard Wolff talks about "The Shape of a Post-Capitalist Future," his entry in the new anthology Imagine: Living in a Socialist USA, and his conviction that making the transition from capitalism to socialism requires a deliberate critique of capitalist workplace organization.
Leslie Thatcher for Truthout: What motivated you to choose (of all things!) "corporate structure" in your search for a "powerful, attractive and credible vision of socialism?"