Coming Up
Point of View Lecture
Thursday, May 21
Sierra 2 Center, Garden Room, 2791 – 24th St., Sacramento, 7-9pm
Minqi Li, speaking on:
The Rise of China and the Demise of the Capitalist World Economy.
Taking his subject from his new book of the same name, Li tells us that the spread and growth of capitalism has always required low wages, taxation and environmental costs. It has also required a dominant nation to preserve these conditions against international competition.
With the decline of the economic power of the United States, it will lose that hegemonic role, and the unprecedented growth of China will so erode the foundations of capital accumulation—by pushing wages and environmental costs up, for example—that the entire capitalist system will be shaken to its core.
Minqi Li is Assistant Professor of Economics at the University of Utah.
Copies of the book will be available for purchase.
Discussion
Tuesday, May 26
Sierra 2 Center,
Room 11, 2791 — 24th Street, Sacramento, 7-9pm
A new documentary by Richard Wolff on the economic meltdown: Capitalism Hits the Fan.
This lively new film, running just under an hour, was just released by the Media Education Foundation (MEF). Called "Capitalism Hits the Fan," it offers critical analyses of the causes of the current economic crisis and of the Keynesian stimulus-cum-reregulation “solutions” being pursued; it also sketches an alternative solution. (Watch a preview clip.)
(Please email us if you have trouble downloading any of these discussion materials.)
We are working on a glossary of Marxist Concepts. It covers the basic concepts, and is only 6 pages long. After discussion, we concluded that is most helpful for those of you who plan to tackle the hundreds of pages of Das Kapital, or even the 60 pages of "Value, Price & Profit." It's a work in progress, with plans to make the definitions clearer. Meanwhile... Click here to download the Glossary. It is an Adobe Acrobat (PDF) document.
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