Episode notes
In this very special bonus, Michael Heinrich addresses his detractors and fleshes out the political implications of his reading of Marx's mature work:
Is Michael's reading of Marx as having a monetary theory of value a concession to neoliberalism? What was Marx trying to get at with the Tendency of the Law of the Rate of Profit to Fall? What remains of Marx's crisis theory if we admit he gave up on TRoPF? Is the empirical work of 'Marxist Economics' worth a damn? And, of course, what does all this have to do with the production of communism?
Long-time listeners of the show are not going to want to miss this one, it's a banger!
Intro: LCD Soundstystem - Dance Yrself Clean
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