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Capitalism: a six-part series
Episode 4 What If Marx Was Right?
By Ilan Ziv
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"Paradoxically, we can't really learn that much about socialism or communism or the future from Marx. We can learn a great deal about how capital works."Marx historian David Harvey

When the communist systems of the 20th century crumbled, many thought that was the end for Karl Marx as a serious thinker too. But the last few years have seen a reawakening of interest in Marx's work - in particular for his analysis of the nature of capital and the forces it unleashes.

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Concentrating on commodification, alienation, and the fetishization of money and credit, WHAT IF MARX WAS RIGHT argues that Marx is more relevant now than he has been in nearly a century. Have we gotten Marx wrong by focusing on the Communist Manifesto instead of on his still-cogent critique of how capitalism works?

Featuring former Greek finance minister Yanis Varoufakis, small farm activist Vandana Shiva, economist Thomas Piketty and Marx experts Mary Gabriel and David Harvey, among others. View the complete list of storytellers.

53 minutes / color
Closed Captioned
Release: 2015
Copyright: 2014

The CAPITALISM series consists of six (6) episodes on three (3) DVDs that are packaged and sold together as one unit.

Subject areas:
Business, Business Ethics, Business and Economics, Economics, Economic Sociology, Europe (West), Globalization, Historiography, History (World), Labor Studies, Philosophy, Political Science, Political Theory, Politics, Sociology

Related Links:
The Storytellers of Capitalism
The Films of Ilan Ziv


Capitalism / Episode 4 / Clip

Related Titles:
Capitalism: An ambitious and accessible six-part series that looks at both the history of ideas and the social forces that have shaped the capitalist world.

Episode 1: Capitalism is much more complex than the vision Adam Smith laid out in The Wealth of Nations. Indeed, it predates Smith by centuries and took root in the practices of colonialism and the slave trade.

Episode 2: Adam Smith was both economist and moral philosopher. But his work on morality is largely forgotten, leading to tragic distortions that have shaped our global economic system.

Episode 3: The roots of today's global trade agreements lie in the work of stockbroker David Ricardo and demographer Thomas Malthus. Together, they would restructure society in the image of the market.

Episode 5: The ideological divide between the philosophies of John Maynard Keynes and Friedrich Hayek has dominated economics for nearly a century. Is it time for the pendulum to swing back to Keynes? Or do we need a whole new approach that goes beyond this dualism?

Episode 6: An exploration of the life and work of Karl Polanyi, who sought to reintegrate society and economy. Could the commodification of labour and money ultimately be as disastrous as floods, drought and earthquakes?

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Last Updated October 23, 2015
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