Written by John Lounsbury
In June 2017 Richard D. Wolff addressed a Talks at Google session in New York. This was a discussion of the history of economic theory from the viewpoint of the conflicting views of capitalism presented by Karl Marx and other notable classical economists. The talk focuses on the shortcomings of capitalism and touches on what changes could be considered to improve capitalism.
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From YouTube:
Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst where he taught economics from 1973 to 2008. He is currently a Visiting Professor in the Graduate Program in International Affairs of the New School University in New York City. He wrote Democracy at Work: A Cure for Capitalism and founded www.democracyatwork.info, a non-profit advocacy organization of the same name that promotes democratic workplaces as a key path to a stronger, democratic economic system.
Professor Wolff discusses the economic dimensions of our lives, our jobs, our incomes, our debts, those of our children, and those looming down the road in his unique mixture of deep insight and dry humor. He presents current events and draws connections to the past to highlight the machinations of our global economy. He helps us to understand political and corporate policy, organization of labor, the distribution of goods and services, and challenges us to question some of the deepest foundations of our society. For more of his lectures, visit the Democracy at Work YouTube channel: https://www.youtube.com/user/democrac….
From Wikipedia:
Richard David Wolff (born April 1, 1942) is an American Marxist economist, known for his work on economic methodology and class analysis. He is Professor Emeritus of Economics at the University of Massachusetts Amherst, and currently a Visiting Professor in the Graduate Program in International Affairs of the New School in New York. Wolff has also taught economics at Yale University, City University of New York, University of Utah, University of Paris I (Sorbonne), and The Brecht Forum in New York City.
Wolff hosts the weekly 30-minute-long program Economic Update, which is produced by the non-profit Democracy at Work, which he co-founded. Economic Update is on YouTube, FreeSpeech TV, WBAI-FM, New York City (Pacifica Radio), CUNY TV (WNYE-DT3), and available as a podcast. Wolff is featured regularly in television, print, and internet media. The New York Times Magazine has named him “America’s most prominent Marxist economist”.[9] Wolff lives in Manhattan with his wife and frequent collaborator, Harriet Fraad, a practicing psychotherapist.
Wolff taught at the City College of New York from 1969 to 1973. Here he started his lifelong collaboration with fellow economist Stephen Resnick, who arrived in 1971 after being denied tenure at Yale for signing an anti-war petition.[13] Both would then be part, along with Samuel Bowles, Herbert Gintis, and Rick Edwards, of the “radical package” that was hired in 1973 by the Economics Department at the University of Massachusetts Amherst, where Wolff has been full professor since 1981. Wolff retired in 2008 but remains professor emeritus and that year joined The New School as a visiting professor.
The first co-authored academic publication by Wolff and Resnick was “The Theory of Transitional Conjunctures and the Transition from Feudalism to Capitalism,”[14] which laid out the pillars of the framework that they have worked on ever since. They formulated a non-determinist, class-analytical approach for understanding the debates regarding the transition from feudalism to capitalism. Their topics have included Marxian theory and value analysis, overdetermination, radical economics, international trade, business cycles, social formations, the Soviet Union, and comparing and contrasting Marxian and non-Marxian economic theories.
This presentation is 56 minutes long, followed by 29 minutes of Q&A involving the audience.
Source: YouTube
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