Economic Update: Marxism's Contribution

This week on Economic Update, Professor Richard D. Wolff delivers delivers updates on New York City's suit against big oil and dumping $5 billion in fossil fuel investments, fast-rising US consumer debt, further attacks on labor and living standards in Greece, collapse of Carillion Corp exposes failure of privatization in UK, and how CVS' touch-ups of beauty images expose economics of advertising.

The second half of the show features an interview with Prof. Bertell Ollman on Marx's distinctive contributions to analyzing capitalist society, past and present.  To watch the second half, please visit patreon.com/economicupdate.

Showing 3 comments

  • Myriam Torres
    commented 2018-02-08 01:02:04 -0500
    Thank you Professor Wolf for this “EU” program. It is relevant to our lives and easy to follow even though economy is not my area of expertise. Professor Ollman gives a clear, yet profound explanation of the contributions of Marxism to the analysis of society as no other I have heard on this matter. I enjoy this program very much because it clarifies for me many concepts and theories so useful for understanding the system we are under and see with clarity its alternatives.
  • Marsha Benson
    commented 2018-02-07 21:01:56 -0500
    Loved this. I would really like to hear more!
  • William Fitch
    commented 2018-02-06 22:00:26 -0500
    Hi: Watched (FS TV) this episode and the previous one. Interesting. Generally, I have found there is no shortage of people who understand the current state of the world and how we got there. Yourself (RDW), Chris Hedges, Noam Chomsky, etc., etc., have excellent clarity regarding such albeit from different over lapping directions, but usually fall very flat on your faces when a solution is talked about, be it revolution, the softer revolution of civil disobedience, protest, etc., etc.. I often think about the one TV special where C.H. was speaking on revolution and democracy and the absolutely beautiful way he laid out the problem and causes and then proceeded to talk about the solution, where I will condense it down to, the individual must be willing to go to jail. After the analysis side, I felt like I ran into a brain fart the size of the sea of tranquility…..

    Anyway, even though I came away un-surprised, I still enjoyed it…. a nice break from the moron’ish content on trump….


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