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Capitalism, Fascism, & Communism

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July 11 + 14, 9-11am ET

Oriol Vallès Codina

This course introduces the classical labor theory of value and class struggle to show, with an emphasis on the history of the 20th century, how the very dynamics of the capitalist system periodically produce Fascism and Communism as inevitable societal reactions. We will examine real-world examples to assess the basic similarities and differences between these ideologies and their manifestations.

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Oriol Vallès Codina's work (PhD in Economics, New School for Social Research, 2021) focuses on the uneven climate crisis from the critical perspective of the classical political economists (Adam Smith, David Ricardo, and Karl Marx) employing a variety of computational tools from complexity science (dynamical systems, network theory, input-output analysis, machine learning...). Currently, he is a postdoctoral research fellow at the University of Leeds and previously worked at Marianna Mazzucato's Institute for Innovation and Public Purpose at University College London. His latest works study 1) whether there is enough time to implement the low-carbon transition and how fiscal policy can speed it up, and 2) the purely short-term economic case for investing in universal health in middle-income economies.