Ask Prof Wolff: Marx's Flaws

A patron of Economic Update asks: "Hi Prof. Wolff! What are Marx's flaws that you've briefly mentioned before? The labor theory of value? Communism itself? Any of your personal critiques?"

This is Professor Richard Wolff's video response.

Ask Prof Wolff is a @Democracy At Work  production. We are committed to providing these videos to you free of ads. Please consider supporting us on Become a part of the growing Patreon community and gain access to exclusive patron-only content, along with the ability to ask Prof. Wolff questions like this one! Your support also helps keep this content free to the public. Spreading Prof. Wolff's message is more important than ever. Help us continue to make this possible.

Submit your own question to be considered for a video response by Prof. Wolff on Patreon:

Learn more about Prof Wolff's new book, "The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself," available now at

“A magnificent source of hope and insight.”
Yanis Varoufakis
Greek economist, academic, philosopher, politician, author of Talking to my daughter about the economy

Follow us ONLINE:





Shop our CO-OP made MERCH:


Showing 1 comment

  • pasqual digesu
    commented 2021-06-03 10:13:41 -0400
    Not sure I understand but, Perhaps property was not a primary point of concern in Marx’s message. Perhaps their was a natural understanding that ownership of the means of production was useless with out the labor or skilled labor which was owned by the individual and could be refused individually or as a striking team. An empty factory cannot produce, takes 2 to tango.
Please check your e-mail for a link to activate your account.

Become a Monthly

[email protected]


Sign Up!

Follow Us

Facebook Friends:

Which of your Facebook friends have joined


Connect to Find Out: