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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).

Capitalism Hits the Fan Movie

Watch as Professor Richard Wolff breaks down the root causes of today's economic crisis, showing how it was decades in the making and in fact reflects seismic failures within the structures of American-style capitalism itself. Wolff traces the source of the economic crisis to the 1970s, when wages began to stagnate and American workers were forced into a dysfunctional spiral of borrowing and debt that ultimately exploded in the mortgage meltdown.

Economic Update: Capitalism and War

Updates on UK elections, crisis's long-term effects, Kansas demonizes the poor, and the mustard-ketchup economic war. Responses to listeners on child-support economics and car production moving to Mexico. Major discussions: capitalism and war - a history, new stages of Cuban socialism and US Cuba-policy, the high stakes of Greece's economic situation.

"Taboo Broken: New Critical Writing About Capitalism"

The Writers House at Merrimack College presents Richard Wolff

"Taboo Broken: New Critical Writing About Capitalism"

 

Prof. Wolff at UVM - Davis Center March 18, 2015

Richard Wollf Talk at UVM's Davis Center, March 18, 2015 from John Summa on Vimeo.

Economic Update: Honest Economics

Updates on Bernanke's new big-bucks finance job, GM avoids billions in victims' claims for faulty ignitions, Seattle capitalist raises all workers to minimum $70k/yr, Americans' self-delusion on inequality, private profit trumps public policy, and anti-student-debt activism. Responses to listeners: impact on China if capitalism's relocation stopped. Major discussions of economics of wages and prices, narrowness of economics education, and basic global economic development issue.

Global Capitalism: April 2015 Monthly Update

“Basic Economic Changes Today: Within and Beyond Capitalism” Judson Memorial Church Assembly Hall 239 Thompson Street at Washington Square, Manhattan Co-sponsored by Democracy at Work, Left Forum, and Judson Memorial Church 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 April 8, these will include: 1. Basic Economic Changes: From Anti-austerity to Anti-capitalism 2.

Economic Update: The Worker Coop Alternative

Updates on inadequate unemployment insurance, Ted Cruz's campaign money, law giving domestic workers real benefits, and demonizing the poor. Responses to questions on California drought and US medical system's experiments on people. Interview with Yochai Gal on TechCollectives he organized: two successful worker coops.

Scapegoat Economics 2015

This article originally appeared at Truth-out.org

Economic Update: Economic Change and Personal Life Crises

Updates on car parts industry, German courts cut Uber, Russia's economy grows despite sanctions, no recovery in declining teaching positions for new US PhDs in humanities, and huge Mexican strikes against Driscoll berries produced for US. Responses to listeners on (1) countries' currency manipulations and (2) role of unions in workers' coops. Interview Dr. Harriet Fraad, mental health counsellor, on how capitalism's changes since 1970s have disrupted the personal lives of US men and women and creative solutions.

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