Marx's Key Insight: Capitalism's Surplus

Economic Update with Richard D. Wolff by Democracy at Work

Jul 5, 202632:23News & Politics

The central concept of Marx's contribution to a critical understanding of the capitalist economic system - the entry point into his distinctive analysis - is "the surplus." Today's show is devoted to making clear (1) wha...

Related Episodes

Continue listening to more episodes from Economic Update with Richard D. Wolff.

Activism in the U.S. Now

Sep 15, 2026 - 31:27

In this episode, Professor Wolff delivers updates on new research documenting market failure to meet the...

Economic Hardship Reporting Project

Sep 7, 2026 - 30:55

This week on Economic Update, Professor Wolff delivers updates on the Starbucks Workers United call-to-bo...

Socialism: An Evolving Tradition

Sep 1, 2026 - 31:03

Today's entire program is devoted to tracing the origins and evolution of socialism through its splits an...

Economics of the U.S. State

Aug 25, 2026 - 31:14

Today's entire program approaches the economic role of the state in U.S. society, past and present. We an...

The Resurgence of White Supremacy

Aug 18, 2026 - 30:50

This week on Economic Update, Professor Wolff delivers updates on U.S. businesses receiving refunds for T...

DSA Revives Socialism in U.S. Politics

Aug 11, 2026 - 31:21

This week on Economic Update, Professor Wolff delivers updates on new U.S. government rules that are univ...

The Great Shift of Economic Thought from Macro to Micro

Aug 3, 2026 - 30:44

The rational approach is to ask which works better in an industry or to meet any social need: private ent...

A Critique of Profit

Jul 27, 2026 - 30:34

This week on Economic Update, Professor Wolff devotes the entire show to a critical analysis of profit. T...