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).
Prof. Wolff joins Margaret Flowers and Kevin Zeese on Clearing The Fog to discuss the current situation for workers and how they are building power to lift up wages and worker rights.
On this week's episode of Economic Update, Prof. Wolff provides updates on tax issues: Panama Papers, corp tax rates, tax-avoiding "inversions" and Yale's tax avoidance. Part 2 of interview with Dr. Harriet Fraad: capitalist efficiency produces human inefficiency and what to do about it.
Updates on China's rising wages, lethal overdoses and economic crisis, courts worsen Puerto Rico's crisis, moving jobs to Mexico, and Florida governor tries to help Yale evade taxes. Major discussions of minimum wage debates, workers without college degrees, and workers coops as key to doing better than capitalism."
On this week's episode of Economic Update, Prof. Wolff provides updates on top bankers' pay, bad auto corps' decisions, deflation, and socialist economics. Interview with Dr. Harriet Fraad on capitalism and personal life.
On this week's episode of Economic Update, Prof. Wolff provides updates on FED decision, struggles over China trade and Brexit, and fascism. Major discussions: (1) critique of capitalists' "job creation" and (2) why state support of worker coops is what capitalism got from states for centuries.
Prof. Wolff joins Rob Lorei of WMNF, Tampa's community radio, and dissects the economics of higher tariffs of imported goods, as proposed by Donald Trump, the US corporate tax rate compared to other countries and the financial viability of an increased minimum wage.