A Patron of Economic Update asks: "It is my impression that all left wing economists including Marx agree that capitalism was an improvement over feudalism. Could you please elaborate in what ways capitalism was an improvement? Could you point me to any previous videos or books on this topic, or material easy to understand? I think we should all reflect on this question in this age when we seem to be regressing back to feudalism."
This is Professor Richard Wolff's video response.
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“Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.”
Check out all of [email protected]’s books: "The Sickness is the System," "Understanding Socialism," by Richard D. Wolff, and “Stuck Nation” by Bob Hennelly at http://www.lulu.com/spotlight/democracyatwork