Michael Roberts - Marx’s so-called transformation problem in Capital

Michael Roberts worked in the City of London as an economist for over 40 years. He has closely observed the machinations of global capitalism from within the dragon’s den. At the same time, he was a political activist in the labour movement for decades. Since retiring, he has written several books. The Great Recession – a Marxist view (2009); The Long Depression (2016); Marx 200: a review of Marx’s economics (2018). You can read his articles in the Weekly Worker here: Part of Communist University 2021 summer. Organised by CPGB () and Labour Party Marxists (). ***The views in this video do not necessarily represent the views of either organisation***