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This presentation looks at the basic idea of Marxism, specifically the conflict between the different classes in society.
Stephanie Flanders examines one of the most revolutionary and controversial thinkers of all. Karl Marx's ideas left an indelible stamp on the lives of billions of people and the world we live in today. As the global financial crisis continues on its destructive path, some are starting to wonder if he was right.
Karl Marx remains deeply important today not as the man who told us what to replace capitalism with, but as someone who brilliantly pointed out certain of its problems. The School of Life, a pro-Capitalist institution, takes a look.
Part 2 http://www.youtube.com/watch?v=iEDniCBl4kE Ben Fine from SOAS University explains the fundamental ideas of Marxist Economics as a part of lecture series "What you won't learn in an economics degree: an introduction to heterodox economics". The lecture was hosted by Post-Crash Economics Society Manchester and Manchester's Political Economy Institute.
What Donald Trump does well, Professor john a. powell explains, is link economic concerns with ontological and racial concerns among his voters. Many economists and social justice activists, by contrast, try to reduce racial concerns to economic and class concerns. His presentation demonstrates the centrality, conscious or unconscious, of belonging and 'otherness' in comprehending the structures of society.
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Did my best to talk about the life/work of Karl Marx as well as about Marxism in one minute. Hate him or love him, Karl Marx can definitely be considered an influential economic thinker and as pretty much anyone can confirm, Marxism tends to be one of the most controversial discussion topics in the world of economics.