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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: Economics of Corruption

Updates on Yellen press conference,"Blockupy" protests in Europe against ECB and austerity, New York mayor DiBlasio signs bill for worker coops, and important fight over closing Sweet Briar college. Interview with veteran reporter Bob Hennelly on economics of US political corruption with special focus on his native New Jersey.

Economic Update: Housing, Cities, Suburbs

Updates on pizza politics, changing currency values, and tax-cutting politicians’ wild claims. Responses on workers coops’ competitiveness and on ‘unfree’ agricultural markets. Interview Walter South on economics of housing and dangerous economics of US cities and suburbs.

Economic Update: Economic Decline and Growing Resistance

Updates on taxis vs Uber vs driver coops, an apology on Detroit, International Womens Day, and cutting workers' compensation. Response to listeners on the economics of debts, past and present. Major discussions of (1) resisting economic decline: Minnesota governor, Emma Thompson and Pope Francis, (2) Wisconsin governor presides over economic decline, and (3) extremes of economic inequality.

WPFW - FM 89.3 - Washington, DC interviews Prof. Wolff

Prof. Wolff talks to David Rabin of WPFW, a Pacifica station in Washington, DC about his recent Truthout article on a class analysis of the lessons we need to learn from past revolutions.

Economic Update: It's the system...

Updates on German anti-capitalism, student debt default, credit card economics and unregulated chemicals. Response to listeners on pension scandals and Harvard economic research.

Economic Update: Free Enterprise System Defects

Updates on Europeans' struggles against austerity policies. Response to questions on how workers' self-directed enterprises  solve various problems (especially financing and different skill levels). In depth critical discussion of 'free enterprise' and the free enterprise system.

Community Progressive Radio Interviews Prof. Wolff

CPR News interviews Prof. Wolff about the current situation in Greece, Syriza and the economic issues facing Europe.

Economic Update: Market System Defects

Updates on labor protections for 'contract' workers, a green new deal for Greece, slowing US growth, and scandal of the used car market. Response to questions on reality behind 'recovery' hype and on poverty among those over 65. In depth critical analysis of markets and 'the market system'.

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