Political Economy

Marxism will be the core to our approach to political economy. But we are open to a range of other views as well--the solidarity economy, Keynesian schools of thought, and debates between various opposing schools as well.

Introduction to Marxian Economics: 4 Lectures

Richard Wolff and Stephen Resnick, UMass Amherst In addition to the button below, CLICK HERE for more classes by Wolff. For their new book on the three condending theories of Neoclassicalism, Keynesianism and Marxism, go HERE.

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Reading Marx's Capital

These six 2016 lectures are part of Distinguished Professor David Harvey's Lecture Series "Marx and Capital: The Concept, The Book, The History.

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The Shock Doctrine

75-Minute Film Version of Naomi Klein's Anti-Capitalist Book

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An excellent 2003 documentary examining the modern-day corporation. This is explored through specific examples. It shows the development of the contemporary business corporation, from a legal entity that originated as a government-chartered institution meant to affect specific public functions, to the rise of the modern commercial institution entitled to most of the legal rights of a person. It show a few examples of 'high road' corporations, but mainly reveals the downside for people and planet 2.5 hours.

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Debt: The First 5000 Years For thousands of years, the struggle between rich and poor has largely taken the form of conflicts between creditors and debtors—of arguments about the rights and wrongs of interest payments, debt peonage, amnesty, repossession, restitution, the sequestering of sheep, the seizing of vineyards, and the selling of debtors' children into slavery. By the same token, for the past five thousand years, popular insurrections have begun the same way: with the ritual destruction of debt records—tablets, papyri, ledgers; whatever form they might have taken in any particular time and place. Enter Athropologist David Graeber's Debt: The First 5,000 Years (July, ISBN 978-1-933633-86-2), which uses these struggles to show that the history of debt is also a history of morality and culture. 80-minute documentary Access Here

Wage Crisis: The USA's New Underclass: The American working underclass has been under extreme tension for some time. Now with politicians not inclined to increase the minimum wage and food stamps stretched thin, the social ramification could be disastrous. The recession is not over for most American citizens. Most Americans have basically seen their salaries hibernate or go down since 2008. In fact, American average income of a full time male worker today is lower than it was 40 years ago. 26-minute video HERE

Straight Talk About the Next American Revolution May 30 2013 Gar Alperovitz speaks about why the time is right for a revolutionary, new-economy movement — what it would mean to democratize the ownership of wealth, what it will take to build a new system to replace the decaying one, and more. What people may be surprised to find out is that this revolution is already well under way in the United States with organizations like worker owned cooperatives, credit unions and more  already taking up a huge portion of the economy. Gar's  latest book is What Then Must We Do? Straight Talk About the Next American Revolution. 75 minute video lecture. ACCESS HERE

The 'Nerdiest of All' Discussion in Marx: the Transformation Problem This three-part 27-minute video by Brendan M Cooney brings clarity to Marx's theory of Value and defends it against all comers, including the 'theory of marginal utily' favored by modern economists who like to dismiss Marx .
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Finance Capital: Parasites over Enterprise.  This 15-minute video interview is an excellent discussion-starter on the need for a popular front vs Wall St speculators, austerity and  war. Conducted by Paul Jay of the Real News Network, the subject is  Gerald Epstein, codirector of the Political Economy Research Institute (PERI) and Professor of Economics. He received his Ph.D. in economics from Princeton University. He has published widely on a variety of progressive economic policy issues. Access Here

The Treason Trilogy: Casinos, Terror, Doom Casino Capitalism. The moment that defined the chaos of the 21st century is the financial atomic bomb that exploded in the heart of the world's banking system, sucking up the lifeblood of the global economy, the credit that keeps the wheels of fortune turning. Banks grown too big to go bust held nations to ransom and trillions of dollars cascaded into the bankers vaults. Leaders of the twentieth largest economies promised never again but once again they've betrayed their duty to protect the wealth and the welfare of their people. The Crucible of Terror. Barack Obama's plan to defeat terrorists is like throwing petrol on a fire. The President's dream of peace is straitjacketed by economic policies that incubate the seeds of violence. How did the most powerful man on earth become prisoner of a false economic doctrine which threatens the security of the United States and nations around the world? Capitalism was conceived nearly 500 years ago with the Royal act of sacrilege. When Henry VIII demolished the religious life of his nation to enrich himself he laid the foundations for the kind of violence that now blights every corner of the world. The Temple of Doom. Humans have taken control of the destiny of all life on Earth. What was once the domain of the Gods is now in the hands of mortals and their leaders are worshipers in the Temple of Doom. For hundreds of thousands of years the oceans moved with the ups and downs of the levels of the greenhouse gases, but then the humans begun releasing a new layer of carbon dioxide into the atmosphere..Access Here