055. Economic theories: Marxian Economics

In this episode we turn to one of the most extraordinary and longest-lasting asset bubbles in modern history: the Japanese Asset Price Bubble of the late 1980s and early 1990s.This is the story of how Japan—once the miracle economy of the postwar world, the nation that seemed poi ...  Show more

In this episode, we move closer to our own time—to October 19, 1987, the day known forever as Black Monday.This is the story of the largest single-day percentage drop in stock-market history: the Dow Jones Industrial Average fell 508 points, or 22.6 percent, in a single trading s ...  Show more

<div class="gs"> <div class=""> <div id=":yf" class="ii gt"> <div id=":ye" class="a3s aiL"> <div dir="ltr"><span style="font-size: 12pt; color: #000000;">In this episode, Alyson and Breht introduce the core concepts of Marxist political economy by an analysis of the history of po ...  Show more

On Capital (1867), Ch. 1, "The Commodity."

What makes something we buy or sell valuable? Marx says it's ultimately the labor that goes into it, though there are some wrinkles in formulating this accurately, and the commodities and surrounding marketplace activi ...

Looking at market segmentation from a Marxist perspective 

[Originally released Feb 2021]