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This is a careful reading of Karl Marx's Capital: A Critical Analysis of Capitalist Production, volume I. Marxian political economy and Marxian philosophy are critically examined to develop an analysis and understanding of contemporary social life and "lay bare the economic law of motion of modern society." An evaluation will be made of the categories Marx employs to understand capitalism as a dynamic economic system, including the Marx's acknowledgement of the triumphs of capitalist growth and technological innovation, along with the necessity of unemployment and periodic crisis that have plagued the capitalist economic system. The social, political, and ethical implications will be debated and discussed. An analysis and comparison of the virtues and vices of Marxian Political Economy and those of mainstream micro/macro economies will be made.
COURSE FORMAT: Lecture
Level: UGRD Credit: 1 Gen Ed Area Dept: SBS ECON Grading Mode: Student Option
Prerequisites: ECON101 OR ECON110 Links to Web Resources For This Course.
Last Updated on MAR-21-2005
Copyright Wesleyan University, Middletown, Connecticut, 06459