Summary:
[embedded content] 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.
Topics:
Matias Vernengo considers the following as important: capitalism, LTV, Marx, Richard Wolf
This could be interesting, too:
[embedded content] 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.
Topics:
Matias Vernengo considers the following as important: capitalism, LTV, Marx, Richard Wolf
This could be interesting, too:
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