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).
Updates on destroying public higher education, labor actions, Vermont labels GMO food, workers doing without days off. Major discussions of municipal bonds and how profits drive Capitalism. Response to listeners on PO banks and history of economic systems.
Updates on Walmart shifts medical insurance costs onto US, payday loans, US child poverty, Obama versus workers' needs, profits and death from opioids. Major discussions of medical-industrial complex, manufacturing "renaissance" fantasy, and "socialism's" different meanings. Response to listeners on remarkable economics of US securities industry.
How did we get in this mess? Economist Richard Wolff joins Occupy Radio to give us the low-down and dirty on how the US economy tanked . . . at least for the 99%. But it's not all downhill from here; Worker Self-Directed Enterprises hold the key to radical transformation of our businesses, society, and lives!
Professor Wolff guest stars on "It's Our Money" with Ellen Brown. Prof. Wolff reminds us that our current economic situation “is the worst economic downturn since the Great Depression of the 1930s. Everyone agrees on that, whether you're right wing, left wing or in the middle.” Elaborating upon PBS-TV's popular documentary series “The Roosevelts: An Intimate History,” Prof.
The Tim Danahey Show: An In-Depth Conversation with Economist Richard Wolff about Wealth and Public/Private Ownership
Listen as Tim Danahey conducts an in-depth conversation about wealth, public ownership of banks and commons, and how to move an economy forward to long-term prosperity.