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In this podcast, Alyson and Breht discuss the core concepts of Marxist political economy. They explore the history of political economy, critique capitalist economics, and delve into topics such as class, value, and surplus value. They also address the importance of economic analysis in revolution and distinguish between Marxian economics and Marxism. Overall, this episode provides an engaging introduction to the fundamentals of Marxism and its relevance in today's society.
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Quick takeaways
- Marxist political economy analyzes the interconnection of economics and politics, providing a comprehensive critique of capitalism.
- The means of production encompass the tools, materials, and labor that drive social and historical evolution.
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The Concept of Political Economy
Political economy is a term that originated in the 18th and 19th centuries, referring to the interconnection of politics and economics. It recognizes that economic outcomes are influenced by political forces. Marx falls within this tradition, examining the relationship between economics and politics. In particular, he focuses on understanding social change and the historical transformation of capitalist society.
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Listen to the best highlights from the podcasts you love and dive into the full episode