Name: What everyone failed to understand about Capital | ft. Ted Reese on Grossman's Law of Accumulation
Uploaded: 2022-05-26T06:27:54+00:00
Duration: 3 h 50 min 53 s
Description: Whether we're talking about reformist or revolutionary Marxist tendencies of The Second International or those outside the tradition who attempted to debunk Marx's critique of political economy, nobod

3 years ago

Whether we're talking about reformist or revolutionary Marxist tendencies of The Second International or those outside the tradition who attempted to debunk Marx's critique of political economy, nobody took him seriously on the most important aspect of the project until Grossman came along. If you don't know about Grossman, it's because all these other Frankfurt School thinkers took the spotlight. Did they deserve it? Come find out. Ted Reese is going to tell us why and you'll learn about the thing everyone keeps getting wrong, from Kautsky and Hilferding to Rosa and Lenin; von Böhm-Bawerk through Schumpeter to Keynes; much less the MMT econ nerds of today. Whether you think Marx's critique or proposed solutions are important or not, you need to at least know what everyone else kept getting wrong.

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Referenced materials:
Ted's book on Grossman:
https://www.amazon.com/End-Capitalism-Thought-Henryk-Grossman/dp/1789047730
Grossman's book The Law of Accumulation and Breakdown of the Capitalist System:
https://www.amazon.com/Law-Accumulation-Breakdown-Capitalist-System/dp/0745304583
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