"Intro to Marxian Economics" 1 (4of6) - Richard D Wolff

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This four part 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). The goal is to enable students to apply Marxian economics in their own efforts to analyze society and to strategize politically today.
This course was taught in the Spring of 2009 at the Brecht Forum in New York, NY.
Full Video: blip.tv/file/26...
Professor Wolff's RSS Feed: rdwolff.blip.tv...
Professor Wolff's Website: rdwolff.com

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15 окт 2024

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Комментарии : 22

@No1WillMakeItOutAlive 4 года назад

Thank you for putting these online for free, it has been very helpful for my understanding

@allal231 11 лет назад

very pedagogic way of explaining surplus :)

@11dimention11 13 лет назад

Stand around with a big stick-to funny. Where I come from (and other places as well nowadays) the present owners aren’t using the sticks to stand by the hill anymore. No, they’re doing something entirely inappropriate with these sticks to the people on the same side of the hill with opposing views.

@96stealth Год назад

Has it ever dawned on this guy that maybe Marx just was that smart? Oh Marx looked at labor in way no one could understand. Or maybe these other people were either much smarter or had more knowledge. Most likely both. I remember one time I installed injectors in one of my cars. When I got done, 2 of them were leaking. I was perplexed. Told my dad that a couple were leaking. First thing he says is “did you put oil on the o-rings. I laughed and said no. Why would I do that? He laughed back at me and said that’s why they are leaking. I said BS. Guess who was right? My dad. This guy is going on and on there is no “right” way but apparently when it comes to Marx, Marxism is definitely the “right” way. I’m going with Marx was an idiot who thought he was special. Like me when I though changing fuel injectors was straight forward and easy. Although I definitely did think I was special. Definitely felt pretty stupid. The problem with Marx is, I’m certain he would never admit to being wrong.

@Swing_park 4 года назад

Here we go again. Somehow because the speaker is Harvard-educated and seems very confident about his background in Economics, I expected more than the same old socialist mantra that the riches don't do anything but take all the fruits of labor. Why is it unacceptable that people with capital enjoy fruits of their investment? They carry the risk of blowing up their capital if their ideas don't work out. Do you think they're not doing the work? Workers do not need to carry the risk. If a company goes bust, he or she does not incur any financial damage. So why should they enjoy the same returns as the investors without carrying any risk? Does that seem fair to you? Capital is the direct result of work. Someone had to earn that capital by putting in labor in the first place. Surplus value is some glorified made-up term to overcomplicate what should be an intuitively fair and just process of distribution of reward. Nice try on trying to convolute the argument but even a layman, or even a teenager who's holding minimum wage job will see right through the glaring falsity in his argument.

@Mukunda16108 4 года назад

I believe you're missing the point. He is NOT saying that socialism means that no one can enjoy more than the guy next door. He is simply not saying that. It appears that what you are hearing is a reflection of your own misconception about socialism. You are attributing that to him, but it is your own projection. I wish you could see that. He also does not subscribe to the idea that everyone should only have exactly as much as everybody else. He doesn't believe that either. In other presentations he makes, when he talks about worker coops, which are a good example of the democratization of the workplaces he subscribes to, he points out that people are NOT all compensated at the same level. Some earn more and some earn less. You see ! The difference is, in a coop, the person that earns the most will usually not earn more than 3 to 8 times the salary of the lowest paid worker. In corporate America, that ratio is often 300 to 1 or 500 to 1 even !! If someone in a coop have more skin in the game than other coop members, and if that person puts in more than others, sure, OK, he/she can get more, but not 500 times more. Does that make sense?

@Swing_park 4 года назад

@@Mukunda16108 right. A guy puts in 10 million dollars of his own money so he can get paid just 8 times the minimum wage salary of his worker 🤣 explains in a nutshell how socialism became such a massive success 🤣🤣 gosh I can't even... Did u happen to leave ur brain by the Berlin Wall? 😂

@gooseluck3269 4 года назад

@@Swing_park I've seen you comment many times before, you are literally so numb skulled its hard to believe you aren't a troll. You literally absorbed nothing of what Richard is saying, you spat it all out and regurgitated out shitty talking points that are based upon fundamental misunderstandings of basic Marxist ideas and terms.

@gooseluck3269 3 года назад

@Robert S Beautiful write up