Policy@McCombs

Lecture #3 Marxist Economics

Nov 15, 2022

00:00

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Highlights

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Episode notes

Marxism and the Class Solidarity

03:53

Marx's Argument Is Based on a Theory of Quantitative Relations

01:18

Marx's Economic Theory - The Importance of Free Relations Among Men

03:17

Introduction

3min

Marx's Parasite Life

3min

Marxism and the New Material Forces of Production

4min

Marx's Economic Theory - The Importance of Free Relations Among Men

3min

What Is the Difference Between Product and Commodity?

3min

Marx's Argument Is Based on a Theory of Quantitative Relations

1min

The Quantitative Relationship Between Weaving and Watchmaking

4min

The Law of Value - The Unskilled Simple Labor

5min

Marxism and the Fetishism of Commodities

3min

10.

Capitalism and Its Effects on the Economy

5min

11.

Capitalism Is Worse Than Its Predecessors

6min

12.

The Capitalist Quote Does Not Nearly Robber

3min

13.

The Fatal Contradictions in Capitalism

4min

14.

The Falling Rate of Profit, the Misery of the Workers, and the Ever Deepening Periodic Crisis

4min

15.

Marxism and the Class Solidarity

4min

16.

Capitalism and Socialism in the Industrial Age

3min

17.

The Proletariat Acts for All Mankind to Bring About the Classless Society

3min

18.

Aristotle's Political Thought Was Not Far Ranging Enough

2min

19.

Marx's Theory of Capitalism

2min

20.

Marxism and Class Consciousness

3min

21.

Did Marx Concede That the Workers Really Got Better Off of It?

2min

22.

The Marxist-Leninist Use of Terms Like Dogs of Capitalism

2min

23.

Absolute Impoverishment?

2min

24.

Marxism and Socialism in the Second Country

3min

25.

The Value of a Land Piece

4min

26.

The Man in the Red Shirt

4min

27.

The Perceptual Level Is Agony

3min

28.

Is There a Difference Between Marx and Engels?

2min

29.

Is Marx Really Staying on the Perceptual Level?

2min

George Walsh (c.1923-2001) was one of those old-school professors who wrote little but read everything. These four lectures on Marxism, delivered in the mid-80s a few years before the collapse of the Soviet bloc, distill decades of study of Marxist ideas with great insight and humor. Lecture 1 covers the Marxism’s intellectual precursors; lecture 2 delves into Marxist philosophy; lecture 3 goes into Marxist economics; and lecture 4 finishes with Marxist politics. The Salem Center’s Bryan Caplan, who heard Walsh live in 1989, has plans to make all of Walsh’s “lost” lectures on the history of ideas once again available to the curious public.

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