Marx, Robert Paul Wolff Lecture 4

[@leanmchungry4735]

Mr Wolff has a powerful mind, God bless the old boy for posting these terrific lectures on KZbin--this might be what an affordable university of the future looks like.

[@vp4744]

Wow I've never had such clear explanation before. It's like somebody turned on a light inside my head. I'm making connections from past readings of Capital. Thank you very much Prof. Wolff for the brilliant exposition.

[@MacSmithVideo]

it's just a bunch of hokey stories and outdated economics. And Marx was not a beautiful storyteller or deep philosopher.

[@MacSmithVideo]

@@vp4744 would that be an insult?

[@vp4744]

@@MacSmithVideo No, an entitlement.

[@MacSmithVideo]

@@vp4744 then what's the problem?

[@jsmith5764]

Professor Wolff, I took a class with you back in the 80's i believe, on anarchism. I was too ignorant then to appreciate you as a teacher. But now I feel filled with joy in discovering you as a truly great teacher in your love of Marx, of conveying his thought. You're the voice of learned thought that fills my mind with understanding. Please Sir continue this is the nourishment my mind, soul has always needed.

[@andreysavin1931]

I think most of us were ignorant, and I regret that I never finished college or didn't apply myself as needed to, now at forty and I'm fascinated with subjects such as philosophy, history, religion. I wish we had KZbin in the 90s, I probably would have been less ignorant. The only thing I was not ignorant of and it helped me get out of a cave was geography, knowing places on the map did push me throught a threshold of knowledge

[@mordecaiben-gurion1199]

Wow! I can't help but salute this brilliancy.

[@purplelibraryguy8729]

Elizabeth Bennett is in fact the second oldest daughter; her sister Jane is the eldest. Just for the record.

[@qassemaleid9774]

my professor ❤️ happy to see u on social platforms.

[@michaelwu7678]

Mr. Alex Campbell, Thank you for posting these wonderful lectures on KZbin. I was wondering if you could relay a question to Dr. Wolff for me: “what are some of your favorite pieces by Bach, and why do you consider him your favorite composer?” Thanks again. Michael Wu

[@banpaksebangfaixaibouri1107]

32:00

[@banpaksebangfaixaibouri1107]

25:00

[@peetamberluhana2278]

Amazing, unbelieveable.

[@arunjetli7909]

love your dialogic presentation

[@Erickvazquezc]

"But there is no God anyway so whats the difrenece" I spat my breakfast

[@nthperson]

Ricardo seemed oblivious to rates of depreciation of produced goods. Durable goods depreciate at a much slower rate than food crops, every good produced by us depreciates over time in its usefulness (i.e., in its functional utility). Thus, regardless of "embodied labor" involved in the production of a good, what someone will give in exchange is determined by market forces as "replacement cost, less depreciation"). The great exception occurs when a good is held out of use for such a long period that all other identical or similar goods have been consumed, and the surviving good becomes a collectible. Classic automobiles are good examples of this process (although the amount of labor and capital goods required to maintain or rebuild the automobile to as-new or better-than-new condition might exceed what others are willing to pay even in the collectibles market).

[@badalice07]

yeah so?

[@nthperson]

@@badalice07 Well, what this brings us to with regard to raising public revenue is that the optimum rate of taxation on capital goods is zero. Take housing, for example. The annual property tax on a house equates to a sales tax imposed year after year after year. We would be up in arms if every year we were required to pay such a tax on an automobile or a computer or a refrigerator. Why is it appropriate public policy to penalize the ownership of a building? What does appreciate in value over time, generally, is land, which does so without any expenditure of labor or capital on the part of the owner.

[@patriciatinajero410]

We still play monopoly 💸

[@nthperson]

The game of monopoly was initially called "The Landlord's Game," and was created by a Quaker teacher named Elizabeth Magie as a way to teach political economy based on the works of Henry George.

[@whatabouttheearth]

'The Landlords Game' was a game that included 2 games, one called 'Prosperity' and one called 'Monopoly', the former to teach about the benefits of single tax, the later on the evils of greed and competition. When the game company Parker Brothers bought the rights to the game they kept Monopoly and got rid of Prosperity.

[@chemicalimbalance7030]

I’m afraid I kinda tuned out a lot during the big staples board thing. I Didn’t really understand it and it didn’t resonate much for me. I hope for a return to for with this lecture.

[@banpaksebangfaixaibouri1107]

10

[@farhadsharifi1628]

wow, now I feel I was in the cave! (u need to listen to the allegory of the cave and how Marx relates to that) jsss

[@badalice07]

I'm at the beginning of lecture 4 and I still want Marxism eradicated from the planet.

[@nthperson]

Then read anything by Mason Gaffney.

[@badalice07]

@@nthperson This will change my mind? Thanks anyway. I don't believe in God, but I am going to have one in my government that grants my human rights. Not some lazy writer who is trying to figure out how to live off other peoples labor by taking their land and killing them. I'm sorry, I'm not a brutal killer. I'm a capitolist. You can't exist without us. The one thing Marx and I agree on.

[@nthperson]

@@badalice07 I would be astonished if anything I ever wrote immediately changed the thinking of anyone. A lifetime of study and thought has brought be to reach certain conclusions about how the world works. My influences are many. Three stand out: Thomas Paine, Henry George and Mortimer J. Adler. All I can do is recommend to you that reading what they wrote might be useful to you.

[@badalice07]

@@nthperson Thanks. I will check these out.

[@badalice07]

@@nthperson I looked up all of these, made some bookmarks, I'm going to start with this. kzbin.info/www/bejne/oXeqd6Wnft2gnpI

[@invisibleman4763]

First!