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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).

Economic Update: Tax Injustices

Please click on this link to stream or download the audio:  www.truth-out.org   Updates on how inequality persists across generations, the nonsense of “taxes are job killers”, governor uses tax revenues to prevent unionization in a private enterprise. Major discussion of state and local taxes in the US, the economics of paying executives very high incomes, and the privatization of public services. Response to listener’s question on recent Medicare report on oversize payouts to doctors.

Economic Update: Tax Injustices

Please click on this link to stream or download the audio:  www.truth-out.org   Updates on how inequality persists across generations, the nonsense of “taxes are job killers”, governor uses tax revenues to prevent unionization in a private enterprise. Major discussion of state and local taxes in the US, the economics of paying executives very high incomes, and the privatization of public services. Response to listener’s question on recent Medicare report on oversize payouts to doctors.

Economic Update: Bankers and Presidents

Please click on the link to stream or download the radio show:  www.truth-out.org 

Updates on O'Reilly vs de Blasio, Greek bonds, millions for Detroit's athletes, and who pays federal taxes. Interview with Nomi Prins, ex-Goldman Sachs banker, on new book All the Presidents' Bankers.Response to listener on where and why Congress refuses to act (taxing rich, helping poor, reducing inequality, etc.) despite US poll results showing big majorities supporting those actions.

Economic Update: Building Worker Coops

Please click on the link to stream or download the show:  www.truth-out.org   Updates on Supreme Court McCutcheon decision on campaign financing, global meaning of French municipal elections, special impacts on women of raising minimum wages, and corporations' cash hoards cause unemployment and cut government services. Interview with Vanessa Bransburg who supports and builds successful worker coops in Brooklyn, New York. Response to listener on scarcity and its economic effects.

Economic Update: Economic Extremes

Please click on this link to stream or download this week's broadcast:  www.truth-out.org

Economic Update: The System in Question

Please click on this link to stream or download this week’s show: Truth-out.org

Economic Update: Criticisms of Capitalism

Please click on this link to stream or download this week's program: Truthout.org

Updates on the General Motors recall scandal; corporations' push for secret courts; the economics of marijuana; Radio Shack closings; and US workers leaving the labor force. Major discussions of the history and basics of the criticism of capitalism, and billionaires and extreme inequality as products of capitalism.

Economic Update: Subsidizing Corporations

Please click on the link to stream or download the audio of this week's show: Truth-out.org

Economic Update: Capitalism and Its Costs

Updates on Delta Airlines changes, US millionaires in office, irrational student debt, and Rupert Murdoch's wealth. Major discussions of monopoly and competition in media industry, public employee pension economics, and Obama's economic significance.

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