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Marxism 101: How Capitalism Is Killing Itself

Monday, April 11, 2016 By Abby Martin, teleSUR | Video Interview
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Despite a concerted effort by the US Empire to snuff out the ideology, a 2016 poll found young Americans have a much more favorable view of socialism than capitalism.

Though he died 133 years ago, the analysis put forward by one of the world's most influential thinkers, Karl Marx, remains extremely relevant today. The Empire's recent rigged presidential election has been disrupted by the support of an avowed socialist, Bernie Sanders, by millions of voters.

To find out why Marx's popularity has stood the test of time, Abby Martin interviews renowned Marxist economist Richard Wolff, Professor Emeritus of Economics at the University of Massachusetts, Amherst, and visiting professor at the New School in New York.

Professor Wolff gives an introduction suited for both beginners and seasoned Marxists, with comprehensive explanations of key tenets of Marxism including dialectical and historical materialism, surplus value, crises of overproduction, capitalism's internal contradictions and more.

This piece was reprinted by Truthout with permission or license. It may not be reproduced in any form without permission or license from the source.

Abby Martin

Abby Martin is host of teleSUR's "The Empire Files."

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Marxism 101: How Capitalism Is Killing Itself

Monday, April 11, 2016 By Abby Martin, teleSUR | Video Interview
  • font size decrease font size decrease font size increase font size increase font size
  • Print

Media

Despite a concerted effort by the US Empire to snuff out the ideology, a 2016 poll found young Americans have a much more favorable view of socialism than capitalism.

Though he died 133 years ago, the analysis put forward by one of the world's most influential thinkers, Karl Marx, remains extremely relevant today. The Empire's recent rigged presidential election has been disrupted by the support of an avowed socialist, Bernie Sanders, by millions of voters.

To find out why Marx's popularity has stood the test of time, Abby Martin interviews renowned Marxist economist Richard Wolff, Professor Emeritus of Economics at the University of Massachusetts, Amherst, and visiting professor at the New School in New York.

Professor Wolff gives an introduction suited for both beginners and seasoned Marxists, with comprehensive explanations of key tenets of Marxism including dialectical and historical materialism, surplus value, crises of overproduction, capitalism's internal contradictions and more.

This piece was reprinted by Truthout with permission or license. It may not be reproduced in any form without permission or license from the source.

Abby Martin

Abby Martin is host of teleSUR's "The Empire Files."