Tuesday, March 21, 2017

How Capitalism is Killing Itself

Short documentary on the limits of capitalism mostly based on an interview by Richard Wolf. I find the simplistic explanation of exploitation at the end (around minute 27:30) based on the time of work (prices proportional to labor incorporated) to be problematic (for a discussion of the Labor Theory of Value, LTV go here). At any rate, worth watching whether you agree with Wolf's interpretation of Marx and capitalism or not.

No comments:

Post a Comment

On the blogs - Labor Theory of Value (LTV) Edition

Marx’s Refusal of the Labour Theory of Value -- David Harvey on Marx and the LTV Marx’s law of value: a debate between David Harvey and M...