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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: Capitalism and Democracy

Updates on pay gaps, Alabama bankruptcy, Minnesota lockout, Greek lockout. Discussions of capitalism and democracy, "pure" capitalism, and capitalism's historical shifts. Comments on listeners' questions: workers' owning vs. directing and tax-exempt vs. non-profit.

On Economic Update with Professor Richard Wolff, Wolff and guests will discuss the current state of the economy, both locally and globally in relation to the economic crisis.

Economic Update: Capitalism's Costs

 

Updates on Disney's price hikes, Portugal's unions' general strike, Chinese buy US biggest pork processor, low-wage retail workers fighting in Seattle, General Petraeus goes corporate, and income/wealth inequality in US. Detailed discussions of (1) why technical progress fails to ease work burdens in capitalism, and (2) why/how US "recovery" is so uneven as well as fragile. Response to listeners on anarchism and on Chinese solar panels.

Economic Update: Labor, Unions and Crisis

Updates on corporate globalization, Philly schools, paid vacation law(?), the Cadillac Tax. Interview with Stanley Aronowitz on labor, unions and the left. Responses to listeners on higher ed economics and US income inequality.

 

On Economic Update with Professor Richard Wolff, Wolff and guests will discuss the current state of the economy, both locally and globally in relation to the economic crisis.

Economic Update: A Journalist's Perspective

Updates on changing US retirement ages, Pope Francis's anti-capitalism, inequality inside countries, unionists march in Rome, public schools being savaged. Interview with independent journalist and writer Laura Flanders of GritTV. Response to listeners questions on Apple Computer's exposure as major tax evader.

On Economic Update with Professor Richard Wolff, Wolff and guests will discuss the current state of the economy, both locally and globally in relation to the economic crisis.

Economic Update: May Day and Labor

Updates on Bangladesh tragedy, drug price gouging, CEO pay and OSHA; discussion of labor strategy then and now; comments on markets, private property and scapegoating government.

 

On Economic Update with Professor Richard Wolff, Wolff and guests will discuss the current state of the economy, both locally and globally in relation to the economic crisis.

Economic Update: Honoring Labor

Updates on Pope's critique of capitalism, honeybees and pesticides, achievements of the WPA, and another workers' coop launched. Major discussions of rent and housing economics and accusations of workers' "laziness." Response to listeners on why governments run big debts and labor unions' strategic choices.

 

On Economic Update with Professor Richard Wolff, Wolff and guests will discuss the current state of the economy, both locally and globally in relation to the economic crisis.

Economic Update: Measuring Capitalism's Results

 

Updates on Google caught evading taxes, food stamp nation, public higher ed crisis. Major discussions on the US medical-industrial complex and the meaning of Bangladesh's building collapse. Responses to listener questions on anarchism and economics of private property.

 

On Economic Update with Professor Richard Wolff, Wolff and guests will discuss the current state of the economy, both locally and globally in relation to the economic crisis.

Economic Update: Crisis/Individual Lives

 

Economic updates of airline delays, minimum wages for tipped workers, global military spending, and profit-driven Bangladesh building collapse. Interview with Barbara Garson on new book, Down the Up Escalator. Comments on new coop restaurant, unemployment office blues, and risks of deflation.

On Economic Update with Professor Richard Wolff, Wolff and guests will discuss the current state of the economy, both locally and globally in relation to the economic crisis.

Economic Update: Tax Truths

 

Updates on Europeans limiting CEO pay, Chileans demonstrate for free education, many countries with higher tax rates for the rich than in US, and UNICEF report on cild welfare in US vs other countries. Major analyses of the social security/payroll tax system, property tax on stocks and bonds, Alaska suffers economic blackmail. Listeners questions on inflation, military spending, and useful sources of economic analysis.

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