This special edition of “Economic Update” is devoted to “Understanding Marxism,” the title of a short new book just published by Democracy at Work.
Today’s program, like the book, explains Marxism’s systemic insights into capitalism now. We discuss Marxism’s basic criticisms of capitalism and also its complex relationship to socialism. Finally, we offer a survey of the last century of Marxism’s huge, diverse influences on modern economics, politics and culture around the world.
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Read an excerpt of Professor Wolff’s book Understanding Marxism here:
Marx and the Democratization of Work
The solution for capitalism’s problems requires transforming the capitalist workplace into democratic institutions where everyone has an equal say on what happens there.
Source URL — https://roarmag.org/2019/06/03/economic-update-understanding-marxism/