Rev Left Radio Challenging Capitalism: Reading Michael Parenti on Marxism
15 snips
Mar 27, 2021 
Exploring Marxism's relevance today, challenging capitalism's impact on society, discussing income inequality, analyzing power dynamics through a Marxist lens, and critiquing systemic issues in capitalism.
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Marxism As A Practical Social Science
- Marxism is best read as a social science that links surface appearances to deeper class dynamics.
- Parenti argues Marx's analysis of capitalism remains more relevant now than in the 19th century.
Labor Creates Value, Capital Doesn't
- Labor, not capital, creates value; capital is produced by labor.
- Under class societies, wealth produced by many concentrates in the hands of a few who secure political and cultural power.
Amazon, Seattle, And Homelessness
- The host recounts seeing Seattle's wealth and homelessness side by side near Amazon's headquarters.
- He describes Amazon blocking a local tax to address homelessness as an example of corporate power protecting profit over public need.