Video of “Social Architecture of Capitalism” at CU 2019

The nice people at the CPGB have just uploaded my 2019 talk at the Communist University on the subject of the “Social Architecture of Capitalism”, or more precisely how class exploitation explains economic inequality. This is an extended version of an earlier talk. Here I take a report on inequality, compiled by the Institute for Public Policy Research (“The progressive policy think tank”), as a perfect example of how mainstream analyses comprehensively and repeatedly fail to understand (or successfully obfuscate) the causes of inequality.

Here’s my rule-of-thumb: be suspicious of political talk of policies to reduce inequality. First, the policies will be temporary remedies at best (for reasons I give in the talk), and second, such talk functions to divert attention from a proper scientific understanding of cause of inequality, which is the wage system itself.