Dialectic at Work: The Hidden Contradiction Inside Every Theory of Profit

In this episode of Dialectic at Work, the dialectic explores the ideological underpinnings of economic theories, critiques the utopian narratives of neoclassical economics, and highlights the ethical dimensions embedded in different economic models. Professor Wolff discusses how interpretations shape our understanding of profit, risk, and market dynamics, urging listeners to critically examine the assumptions behind mainstream economics.

The Dialectic at Work is a podcast hosted by Professor Shahram Azhar & Professor Richard Wolff. The show is dedicated to exploring Marxist theory. It employs the dialectical mode of reasoning, a method developed over millennia by Plato and Aristotle, and continues to explore new dimensions of theory and praxis through dialogue. The Marxist dialectic is a revolutionary dialectic that not only seeks to understand the world but also to change it. In our discussions, the dialectic comes into play, aiming to address the pressing life crises that we face as a global community.