I've been reading "Naked Economics: Undressing the Dismal Science" by Charles Wheelan, as an introduction to the basics of current economic thought. While it's a valuable read to understand standard thinking about economics (written specifically for the absolute layman) it seems to derive utterly from opinions about the functioning of society which I feel are limiting and overly conservative. Is there a similar book you might recommend that endeavors to 'teach' economic theory to the absolute layman, but which does so with a more democratic socialist bent (and, preferably, focused on the importance of maintaining a sustainable ecosystem as well?) Thanks!
Could putting homeless people through a system of rehab getting them fit to work both mentally and physically, followed by putting them in a worker coop with other former homeless people be an effective way to combat homelessness and prevent these people from falling back into the trap of poverty? I feel like this could be a good way to keep people out of poverty because it would put them back on their feet and give them agency in how their work and lives develop, as well as giving them a community of people with similar backgrounds to support them. I also feel this could be addapted to work for immigrants as well with just some minor changes
What were the causes of the collapse of the Yugoslavian economy and what can be done to prevent something similar from happening in a future market socialist economy? How much did the Yugoslavian system's political and economic authoritarianism contribute to this collapse?
There is a very popular professor who got popular through a conspiracy that post-modernism and Marxism are fused together and are dominating academia today. His description of Marxism is completely wrong and someone needs to debate him and exposes this in front of a big crowd.
Even if every country in the Paris Climate Agreement fulfills its pledge, we are no where near doing what we need to do to stop global warming at 2 degrees Celsius (the agreement goal). Can you talk about what it would look like if a capitalist economy such as the U.S. actually committed to reducing its CO2 emissions by 50% every decade, and made the massive investments in production efficiency needed to actually meet the Paris agreement goal? What would this mean for jobs? I understand there will be lots of "stranded assets" as fossil fuel facilities are closed down early.
Professor Wolff: I would love to hear your theoretical explanation of how worker self-directed enterprises reflect your "Amherst School" non-deterministic interpretation of Marxism. Why did you decide to promote WSDE's? Thank you.
And how would the process of inflation/deflation be different from a capitalist society?
Okay i have a small business with less than 10 employees. I provide services to my clients. Is there a manual or a rule book on how to run a Workers' Self-Directed Enterprise? Any sort of guidelines would be appreciated. Dr Wolff - Am a big fan and i don't want to run my company in traditional capitalistic manner. WSDE is extremely promising. I'm looking to your inputs.
The richer one is, the greater % of the income is likely unearned. Most of them live off unearned income, while 90% of the people live off earned income (what they make at their jobs). Most unearned income comes directly from the efforts of working people. To make it even more outrageous, unearned income is taxed at lower rates than most earned income!
Hello, I'm Currently attending college in the beautiful state in Florida, I am a communications major. However I'm worrying a lot about the future. After graduation ill have about 24,000 in student loans even with about 4000 dollars in various grants per semester. In 2021 according to the algorithms it will cost me 232 dollars a month for 10 years to pay back my student loans. I saw firsthand what the great recession did to my family. What are some basic steps/tips so when the next crash comes that I do not end up like my family did in 2008-2010? Especially when it comes to organizing at a workplace to demand to join a union, better pay, etc.
What would an economy that taxes expropriated surplus value instead of traditional profit calculations look like? Would a change like this hinder technological advancement by making it less profitable or would it encourage automation by artificially inflating the cost of labor? Would this be an effective tax subsidy for a worker coop where the distribution of a surplus is handled democratically as opposed to a capitalist enterprise? Would a change like this facilitate the transformation of vertically developed capitalist institutions into horizontally configured cooperatives?
I am listening to him on Joe Rogan and Joe asked, "Have you ever debated a Marxist?" to which Jordan said, "They just don't do it." He argues that Marxists demand an equality of outcome and employ identity politics. I don't think that's true though, I think we want an equality of opportunity, which Jordan is in favor of. I think you debating him might clear up some misunderstanding. https://www.youtube.com/watch?v=6T7pUEZfgdI