"This event is the fourth in a series of open, critical discussions of
the Marxist approach to philosophy, history and society. In this
session, we will discuss the basic concepts behind Karl Marx's
analysis of capitalism. The discussion will closely follow a part of
Chapter 4 of Robert Heilbroner's 1980 book "Marxism: For and Against".
However, reading the chapter is not essential for coming to the
discussion, as the ideas will be presented and explained during the
first part of the discussion. This session will cover the notion of
"profit" in capitalism as analyzed by Marx, and discuss Marx's
controversial claim about the tendency, in capitalism, of the rate of
profit to decline over time."