IBT study class held on 15 May 2020 giving an introductory overview of Marxist economics: “value” and "surplus value," exploitation, the tendency for the average rate of profit to fall, and the economic crises it engenders. This study class analyzes the fundamental metric of a capitalist economy (i.e., profit) and provides a good introduction to Marxist economics.

Read on our website: ​​http://www.bolshevik.org/1917/no44/ibt_20201019_marxist_economics.html