Marx's Relevance for Today

In response to questions about Marx's relevance today, this program explains how Marx's criticism of capitalism was unique (more micro-focused than macro-focused analysis). It shows how Marx's critique of capitalism differs from his critique of slave and feudal class systems, on the one hand, and from post-capitalist ("socialist" or "communist") class systems, on the other. Marx's analysis is shown NOT to prioritize the private vs public enterprises dichotomy that has been debated as "the issue" over the last century. Instead, Marx's relevance for today lies in arguing for a post-capitalist system that is different from the slave, feudal, and capitalist class systems it seeks to replace.   The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so.  You can support our work by joining our Patreon community:  https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate     Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else.  We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info