Marxism

Marxian Economics

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).

Prof. Wolff and Cornel West talk about Capitalism and White Supremacy on GRITtv

A conversation about capitalism with two brilliant minds, Cornel West and  Prof. Wolff, together in a rare joint appearance. 

Economic Update: Class and Socialism

We begin our 3-week experiment with a new format: two in-depth analyses, one in each half of the show. We begin by considering the different meanings  of class, class analysis and class struggle across human history and why those differences matter so much now. Today's second half explores how socialism evolved from a basic alternative to capitalism into a state capitalism not so different from private capitalism.

Socialism Means Abolishing the Distinction Between Bosses and Employees

This article originally appeared at Truthout.org

Regulated private capitalism. State capitalism. Socialism. These three systems are entirely different from each other. We need to understand the differences between them to move beyond today's dysfunctional economies. With confidence waning in whether modern private capitalism can truly be fixed, the debate shifts to a choice between two systemic alternatives that we must learn to keep straight: state capitalism and socialism.

Global Capitalism: May 2015 Monthly Update

“As Capitalism’s Crisis Deepens, Thoughts of Socialism Return Again”

Prof. Wolff on RT TV's Boom Bust

RT TV's Boom Bust asks Prof. Wolff where he thinks the US economy is headed. Wolff gives his take on why, despite apparently good jobs numbers, many in the US believe the economy remains fragile. 

Global Capitalism: January 2015 Monthly Update

Monthly Economic Update:  Co-sponsored by Democracy at Work, Left Forum, and Judson Memorial Church “The Economics of a New Year” Judson Memorial Church Assembly Hall 239 Thompson Street at Washington Square, Manhattan These programs begin with 30 minutes of short updates on important economic events of the last month. Then Wolff analyzes several major economic issues. For this January 14, these will include: 1. Causes and consequences of the oil price collapse: can it produce another crash? 2. Greece: if Jan.

Going Beyond Private Versus Public

(Photo: Thomas Hawk)

Economic Update: Mainstream vs Critical Economics

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

Pedestrians stroll past remnants of the Berlin Wall. (Photo: Das-A)

This article originally appeared at Truth-out.org

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