Uploaded February 2024 | Updated September 2026, 2 weeks ago
Part 2 on the Socialist Transition is available on Patreon: patreon.com/OneDime
In this episode of 1Dime Radio, I am joined by the Marxist theorist Ted Reese to discuss his book 'Socialism or Extinction'. We discuss Marxist crisis theory/ “breakdown theory” and Karl Marx’s theory of the “tendency of the rate of profit to fall” in capitalism, elaborated by Henryk Grossman. Ted Reese discusses the “final contradictions” of capitalism, such as automation, the ecological crisis, and the “everything bubble” that could lead to the final breakdown of capitalism. Ted explains why Keynesian Social Democracy and the Green New Deal can’t solve the root problem and prevent capitalism’s inevitable tendency towards crisis.
In Part 2 of the podcast (for Patrons) we discuss the Socialist/Communist alternative and viability of various specific solutions to the climate crisis, such as “overpopulation”, degrowth, and different forms of clean energy and sustainable resources such as Hemp. In this bonus episode, we also discuss the particularities of a communist transition and what stages of socialism could look like. This involves questions regarding the logistics of democracy, communism, labor, distribution, planning, dealing with poverty, transitioning away from the capitalist mode of production, and preventing counter-revolution. We think it is important to think seriously about the big questions regarding alternatives to capitalism and how to get there, which can be quite challenging to envision.
Find Ted Reese on Twitter: twitter.com/Grossmanite
My Twitter: twitter.com/1DimeOfficial
Email 1dimeman@gmail.com for inquiries
Read more faster with Speechify: speechify.com/?source=fb-for-mobile&via=1Dime
Part 2 on the Socialist Transition is available on Patreon: patreon.com/OneDime
In this episode of 1Dime Radio, I am joined by the Marxist theorist Ted Reese to discuss his book 'Socialism or Extinction'. We discuss Marxist crisis theory/ “breakdown theory” and Karl Marx’s theory of the “tendency of the rate of profit to fall” in capitalism, elaborated by Henryk Grossman. Ted Reese discusses the “final contradictions” of capitalism, such as automation, the ecological crisis, and the “everything bubble” that could lead to the final breakdown of capitalism. Ted explains why Keynesian Social Democracy and the Green New Deal can’t solve the root problem and prevent capitalism’s inevitable tendency towards crisis.
In Part 2 of the podcast (for Patrons) we discuss the Socialist/Communist alternative and viability of various specific solutions to the climate crisis, such as “overpopulation”, degrowth, and different forms of clean energy and sustainable resources such as Hemp. In this bonus episode, we also discuss the particularities of a communist transition and what stages of socialism could look like. This involves questions regarding the logistics of democracy, communism, labor, distribution, planning, dealing with poverty, transitioning away from the capitalist mode of production, and preventing counter-revolution. We think it is important to think seriously about the big questions regarding alternatives to capitalism and how to get there, which can be quite challenging to envision.
Find Ted Reese on Twitter: twitter.com/Grossmanite
My Twitter: twitter.com/1DimeOfficial
Email 1dimeman@gmail.com for inquiries
Read more faster with Speechify: speechify.com/?source=fb-for-mobile&via=1Dime
