Episode 21 - Marxism 101: How Capitalism is Killing Itself with Dr. Richard Wolff

Published: Nov. 29, 2017, 4:37 p.m.

Despite a concerted effort by the U.S. Empire to snuff out the ideology, a 2016 poll found young Americans have a much more favorable view of socialism than capitalism.\n\nThough he died 133 years ago, the analysis put forward by one of the world\u2019s most influential thinkers, Karl Marx, remains extremely relevant today. The Empire\u2019s recent rigged presidential election has been disrupted by the support of an avowed socialist, Bernie Sanders, by millions of voters. \n\nTo find out why Marx\u2019s popularity has stood the test of time, Abby Martin interviews renowned Marxist economist Richard Wolff, Professor Emeritus of Economics at UMass - Amherst, and visiting professor at the New School in New York. \n\nProf. 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.\n\nWatch teleSUR's The Empire Files every Friday.\n\nFOLLOW // http://twitter.com/empirefiles\nLIKE // http://facebook.com/theempirefiles\nMusic by Fluorescent Grey