Keynesian Vs. Marxian and Neoclassical Economics: Richard D. Wolff

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Air date: 
Mon, 09/17/2018 - 11:00am to 12:00pm
Economic Update

 

This week's special edition of Economic Update deals with Keynesian economics as a theory that clashes with both the mainstream economics ("neoclassical") that celebrates private capitalism and with critical theories such as Marxian economics that are opposed to capitalism. 

Also, how and why government take-over of private corporations need not be and often is not "socialism" and why it is often done to strengthen private capitalists. 

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