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An Educational Service for Those Interested in Capitalist Economics
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Magda Hassan Wrote:Thanks for all these links Adele. Prof Wolff has an easy colloquial manner to introduce and make accessible this excellent analytical tool to the non-academics amongst us.

Magda,

You are most welcome. He has the most understandable explanation for the Labor Theory of Value. When I was in collage at the U of Chicago, Karl Marx was required reading in some of our courses, but my professors had only
a superficial idea of this important concept of Marx's, which is key to understadiong his systemic analysis of capitalist economics. I had to dig it out for myself, but it really would have helped to have had a professor like Richard Wolff.

I should give full credit to Dr. Robert Hutchins, Chancellor of the University of Chicago at that time who, with other scholars designed the curriculum of the College and based it on the Great Books of the Western World.
Karl Marx's work is the last volume (#54) of the original set of Great Books. The University of Chicago was among the very few US institutions of higher learning where Karl Marx's writings were being studied at the college
and the graduate levels at that time. Dr. Richard Wolff studied economics at Harvard, Stanford, and Yale, but never was taught even the basic ideas of Marx. He had to learn Marxian economics on his own.

Adele
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An Educational Service for Those Interested in Capitalist Economics - by Adele Edisen - 12-06-2013, 12:46 PM

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