[OPE-L] Marxian versus Conventional Economics - a workshop

From: Jerry Levy (Gerald_A_Levy@MSN.COM)
Date: Sat Nov 12 2005 - 16:31:24 EST

While I realize that most of you won't be near NYC  on the 18th, I
thought you'd find the description of this workshop of interest. I
wonder:  do any of you disagree with  Resnick's  and Wolff's description
of  "Marxian vs. Conventional Economics"?  It sounds all right with
me, what about with you?

In solidarity, Jerry

From: "Richard Wolff" <RDWolff@worldnet.att.net> to
To: <URPE-Announcements@lists.econ.utah.edu>
Sent: Saturday, November 12, 2005 12:22 PM
Subject: [URPE] [NYC] Marxian versus Conventional Economics - a workshop

     LECTURE,  Friday, November 18:   7:30 pm

      SATURDAY WORKSHOP, November 19: 10:00 am - 4:00 pm

      Marxian vs Conventional Economics

      Their Differences & Why They Matter Today

      Stephen Resnick & Richard Wolff

      Conventional economics these days has two main goals. First, it seeks
to celebrate capitalism as a system of efficiency, growth, and prosperity.
Second, it identifies "problems" in capitalism and figures out "policies" to
solve them and so make capitalism "work better." Conventional economics
denies the existence of class, exploitation, surpluses and class struggles
over these issues--which are exactly what Marxian economics is about. The
workshop will present and explore the differences between these two
radically different economic theories and show how they lead to radically
different understandings of and political responses to modern capitalism. We
will discuss the key ideas and logics informing the two main versions of
conventional economics today, neoclassical and Keynesian approaches, and
compare and contrast each with the other and both to Marxian economics.
Topics covered include (1) differing explanations for profits, prices,
income distribution, crises, and efficiency (2) applications of those
differing explanations to the US and global economies today.

      Both Stephen Resnick and Richard Wolff teach economics at the
University of Massachusetts. They have collaborated in the writing of a
number of books including Knowledge and Class: A Marxian Critique of
Political Economy, and Class Theory and History: Capitalism and Communism in
the USSR.

       Entire Seminar: $25-$35, Friday lecture only: $10

     451 West Street, New York, NY 10014 - mail@brechtforum.org

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