Watch

User menu

Search form

The Empire Files: Marxism 101, How Capitalism is Killing Itself, with Dr. Richard Wolff

The Empire Files: Marxism 101, How Capitalism is Killing Itself, with Dr. Richard Wolff
Mon, 4/4/2016 - by Abby Martin
This article originally appeared on Telesur

Despite a concerted effort by the U.S. Empire to snuff out the ideology, a 2016 poll found young Americans have a much more favorable view of socialism than capitalism.

Though he died 133 years ago, the analysis put forward by one of the world’s most influential thinkers, Karl Marx, remains extremely relevant today. The Empire’s recent rigged presidential election has been disrupted by the support of an avowed socialist, Bernie Sanders, by millions of voters.

To find out why Marx’s popularity has stood the test of time, Abby Martin interviews renowned Marxist economist Richard Wolff, Professor Emeritus of Economics at UMass - Amherst, and visiting professor at the New School in New York.

Professor Wolff gives an introduction suited for both beginners and seasoned Marxists, with comprehensive explanations of key tenets of Marxism including dialectical and historical materialism, surplus value, crises of overproduction, capitalism's internal contradictions, and more.

Watch teleSUR's The Empire Files every Friday.

FOLLOW // @EmpireFiles // @AbbyMartin // @telesurenglish

LIKE // https://www.facebook.com/TheEmpireFiles

Music by Fluorescent Grey

Originally published on Telesur

3 WAYS TO SHOW YOUR SUPPORT

ONE-TIME DONATION

Just use the simple form below to make a single direct donation.

DONATE NOW

MONTHLY DONATION

Be a sustaining sponsor. Give a reacurring monthly donation at any level.

GET SOME MERCH!

Now you can wear your support too! From T-Shirts to tote bags.

SHOP TODAY

Sign Up

Article Tabs

From a pro-democratic perspective, civil society and new media organisations are surging in the aftermath of the Orban regime.

The country’s new prime minister, Andy Burnham, has promised a break from the politics of the last 40 years—realizing more broadly that Labour must stand up for the 99% against big business, or the party will become irrelevant.

The tragic shooting of Lorenzo Salgado Araujo is just the latest example of ICE having a fundamental disrespect for human life — further proving why the agency should be stripped of funding and shut down, and its rank-and-file agents and leadership prosecuted.

While the U.S., EU and their allies are enabling Rojava—the strongest force against Islamic State— to fall, it is vital for internationalists to continue to support this beacon of democracy and liberation.

June 23, 2026 may be remembered as the beginning of the end of the Democratic Party establishment.

The current wave of food recalls is a direct byproduct of President Donald Trump’s administration deliberately removing the safeguards put in place aimed at protecting American consumers more than a century ago.

From a pro-democratic perspective, civil society and new media organisations are surging in the aftermath of the Orban regime.

We can still celebrate success while simultaneously putting a cap on net worth.

The country’s new prime minister, Andy Burnham, has promised a break from the politics of the last 40 years—realizing more broadly that Labour must stand up for the 99% against big business, or the party will become irrelevant.

Much like the resistance to AI data centers, the opposition to Flock surveillance cameras has brought the left and the right together against billionaires who are trying to force America into becoming even more of a police state.

Much like the resistance to AI data centers, the opposition to Flock surveillance cameras has brought the left and the right together against billionaires who are trying to force America into becoming even more of a police state.

Posted 1 month 3 weeks ago

The country’s new prime minister, Andy Burnham, has promised a break from the politics of the last 40 years—realizing more broadly that Labour must stand up for the 99% against big business, or the party will become irrelevant.

Posted 1 month 3 weeks ago

We can still celebrate success while simultaneously putting a cap on net worth.

Posted 1 month 1 week ago

The current wave of food recalls is a direct byproduct of President Donald Trump’s administration deliberately removing the safeguards put in place aimed at protecting American consumers more than a century ago.

Posted 2 weeks 2 days ago

From a pro-democratic perspective, civil society and new media organisations are surging in the aftermath of the Orban regime.

Posted 2 weeks 5 days ago

The current wave of food recalls is a direct byproduct of President Donald Trump’s administration deliberately removing the safeguards put in place aimed at protecting American consumers more than a century ago.

From a pro-democratic perspective, civil society and new media organisations are surging in the aftermath of the Orban regime.