Income inequality and what to do about it is a hot button political issue throughout our world. Much this disparity is the result of how the value of labor is calculated. How much is a worker's labor worth? How is it measured? Namely, how is it commodified? This live interview with Martha Lampland will discuss these questions from an unlikely place--socialist Hungary--to shed light on how economists in a society without a labor market nonetheless determined the value of labor and what this says about socialism and capitalism.
This event is part of the Socialism: Past, Present, and Future Pop-Up Course.