Ask Prof Wolff: How Marx Defines Capital and Why It Matters

Описание: A Patron of Economic Update asks: "Do you think that it might be worthwhile disambiguating the differences (and general confusion) among assets, capital, and capitalism as defined by Thomas Picketty in 'Capitalism in the 21st Century' vs Marx?"

This is Professor Richard Wolff's video response.

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Check out the NEW 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff! Visit: https://www.lulu.com/en/us/shop/richa...

“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 d@w’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/democra...
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