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Fund Drive Special – How Did I Learn About Marxism? (Part Two)

KPFA - Letters and Politics

English - July 25, 2019 10:00 - 1 hour - 68.7 MB - ★★★★★ - 232 ratings
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As part of an ongoing oral history project Letters & Politics is undertaking, today we bring you the second part of our conversation with Richard Wolff. He explains Marx’s comments on the promises of capitalism. We talk about Marx’s criticisms, praise, and thoughts on the analyses of early economists, as well as the downturns of capitalism. Wolff also talks about the effect technical progress has on the development of capitalism and the losses of the workers versus the benefits of the employers.
 
Guest: Richard Wolff is Professor of Economics Emeritus at University of Massachusetts, Amherst and a Visiting Professor at the New School University in New York. His recent work has concentrated on analyzing the causes and alternative solutions to the global economic crisis. His groundbreaking book Democracy at Work: A Cure for Capitalism inspired the creation of Democracy at Work, a nonprofit organization dedicated to showing how and why to make democratic workplaces real. He hosts the weekly hour-long radio program “Economic Update,” which is syndicated on public radio stations nationwide. His latest book is Understanding Marxism focuses on why we should pay attention to the great social critics like Marx. Americans, especially now, confront serious questions and evidences that our capitalist system is in trouble.
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BOOK: Understanding Marxism by Richard Wolff  $120
MP3 CD Richard Wolff Collection  $100
USB Economic History Pack $150

 
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