Capitalist Economics 101

[Comrade Marcel]

Greetings,

You are invited by Young Left to the YLiberation School. Please come
to the class even if you have not come before, and even if you didn't
get a chance to read the materials.

more info: 416.295.8404 or [email protected]


Class 5: Capitalist Economics 101

March 7, 2004 U of T Clubhouse - 21 Sussex Ave

HOW DOES CAPITALIST ECONOMICS WORK?
What are commodities?
What are markets?
How are the pricesvalue of commodities determined?
Why is money so important in capitalism?
What is labour power?
How is the cost of wages determined?
What is surplus value?
What is capital?
How are profits made
What is Class Struggle?
Why are there economic slumpsdepressions
What is monopoly capitalism?
Finance capitalism

Readings:

Main:
*PRINCIPLES OF MARXISM-LENINISM: How Capitalism Works Part
One - http://www.oneparty.co.uk/html/marxism/Cl2.html
(E)
*PRINCIPLES OF MARXISM-LENINISM: How Capitalism Works Part
Two - http://www.oneparty.co.uk/html/marxism/Cl3.html
(E)
Marxism Made Simple: Marxist Economics - http://www.marxismmadesimple.esmartweb.com...om/mainpage.htm (http://www.marxismmadesimple.esmartweb.com/mainpage.htm)
(click on "Economics") (B)

Reference:
Encyclopedia of Marxism: Economics - http://marxists.org/glossary/terms/e/c.htm#economics
(B)
Encyclopedia of Marxism: Labour - http://marxists.org/glossary/terms/l/a.htm#labour
(B)
Encyclopedia of Marxism: Commodity - http://marxists.org/glossary/terms/c/o.htm#commodity
(B)
Encyclopedia of Marxism: Capital - http://marxists.org/glossary/terms/c/a.htm#capital
(B)
Encyclopedia of Marxism: Rent - http://marxists.org/glossary/terms/r/e.htm#rent
(B)

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