Michael Roberts lays out the core thesis of his Marxist economics: production for exchange rather than direct use puts control of investment, wages, and layoffs in the hands of a tiny ownership class. He traces how that structure has driven both real human progress — rising productivity, rising living standards — and the extreme, persistent inequality that leaves an estimated 4.5–5 billion people worldwide near the poverty line, closing on the case for common ownership of the means of production under democratic control, as against reformist fixes like taxation alone.
[Full episode: https://youtu.be/OiXsTYYsJBw]
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