On April 11 the IYSSE at University of Michigan will host its second lecture in the three-part educational series: What Is Socialism?

This lecture titled “Marxist Political Economy” will review the development of a scientific understanding of capitalism by Karl Marx.

Topics covered in this lecture:

• The labor theory of value
• Profit and exploitation
• The fetishism of commodities
• Financialization and globalization

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What Is Socialism? – IYSSE 2018 Lecture Series:

This year marks the 200th anniversary of the birth of Karl Marx, the originator of the materialist conception of history, the author of Das Kapital and, with Friedrich Engels, the founder of the modern revolutionary socialist movement.

Two hundred years after Marx’s birth, there is growing interest in socialism all over the world. Workers and young people confront unprecedented levels of social inequality, unending war and the threat of dictatorship. Millions are looking for an alternative and are asking the question: What is socialism?

This series of lectures will review the theory of Karl Marx and its enduring contemporary relevance.