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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: Extreme Capitalism

Updates on low Irish taxes on corps, interns fight back, thriving opium, VW brings new  labor relations to US, big banks caught cheating again. Replies to questions on domestic outsourcing and democracy of workers self-directed enterprises. Major discussions of college sports, the business oligarchy in the US and forgiving countries' debts.

Economic Update: "Elections but no Democracy"

Updates on election results, Ebola, mortgage rules, China limits execs' pay, and whose got the wealth. Responses to listeners on changes at Costco, so-called "non-profits", why ever more billionaires, and Piketty's problem. Major topics discussed: election economics, child poverty, Capitalism and Democracy.

Economic Update: "Hostages to Profits"

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.

Economic Update: Capitalism, Inequality, and Martin Luther King

Updates on Detroit's water shutoffs, corporations prioritize profit at people's expense (4 big examples), US Senators making money, economics of ebola, and hedge funds pay fines with pensioners' money. Interview: Dr. Obery hendricks, Jr., on Martin Luther King, Jr.'s lifelong criticism of capitalism and preference for democratic socialism. Response to listeners on (1) economics of the disabled (productivity and wages) and (2) reduced 2014 deficit in US.

Economic Update: "Economic Realities"

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. 

Occupy Radio Interview: Worker's Self Directed Enterprises, with Richard Wolff

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!

Economic Update: "Why Economics so Poorly Understood"

Updates on GM recalls, Cuba's investment in medical training, Germany's end all tuition requirements. Major discussions of why economics education so poor and report from Santa Fe movement for public banking. Response to listeners on why no recovery from the crisis and how to think about transition to worker coop based economy.

Prof Wolff on "Its Our Money with Ellen Brown: Who’s Afraid of Richard Wolff?”

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. 

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