Professor Richard Wolff, visiting professor in the Julien J. Studley Graduate Programs in International Affairs at The New School, and Professor Emeritus of Economics at the University of Massachusetts, Amherst will present his talk "G7, BRICS and Capitalism vs Socialism".

Capitalism's contradictions have always generated tensions and conflicts within and among capitalist economies and between them and non-capitalist regions. Some emerge from capitalism's instability (cycles or 'crises'); some from its inequalities of wealth and income; and some from its global division of centers and peripheries (via colonialism, imperialism, global north vs global south). Contradictions and conflicts also beset capitalist enterprises' core structures - the employer vs employee nexus. For those who prioritize that nexus as a key social problem, the solution is transition beyond capitalism (i.e. beyond its core structures) to a different system (often called "socialism") based on workers self-directed enterprises as its alternative core structure. In this context we explore how today's G7 vs BRICS struggle shapes a new global economy.

Non-New School community members: Please register to get access to the buildings, as those that don't and are not on the RSVP list may be refused by security.