Ask Prof Wolff: Expanding Economics Curricula

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Patron of Democracy at Work asks: "How different would teaching economics be in a world full of coops? What would be the same/different?"

This is Professor Richard Wolff's video response.

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Showing 2 comments

  • aaja yaar
    commented 2022-11-27 07:27:51 -0500
    I think an earlier response dealt with this at least in part, but it is important and so worth more attention. The issue for me is not for or against reform but rather how one supports reforms: as ends in themselves or as partial, inadequate, but necessary steps toward something beyond reform, i.e. basic or revolutionary social change. I favor the latter and so part company with those who support reforms as sufficient in themselves. Saving capitalism from itself by reforms has not, to my mind, worked and so does not command our support.
  • Edward Dodson
    commented 2022-11-24 09:29:44 -0500
    After my own formal university studies, I happened across the Henry George School of Social Science in New York. The school was founded in 1932 and at one time had many extensions in other cities in the U.S., Canada, the UK and Australia. The Henry George School offers courses and webinars online without cost. The main difference between the school’s programs and what I was taught in my university is that Henry George’s analysis adhered to a three factor model of wealth production and distribution. Political economists from Adam Smith to Karl Marx and Henry George understood that nature (i.e., land) is a very distinct factor of production. Land is not a capital good despite what neo-classical economic theory asserts.

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