Masters of Money
Sign in to watch this content please.
- Episode
- Marx
- Broadcast Info
- 2012 (59 mins)
- Description
- As the global financial crisis continues on its destructive path, one extraordinary idea is again being taken seriously: could Karl Marx be right?
In Masters of Money produced in partnership with The Open University, BBC Economics Editor, Stephanie Flanders examines the phenomenal influence of three intellectual titans Keynes, Hayek and Marx and shows how they shaped the 20th century and continue to have a huge impact on our world today.
In this episode Stephanie Flanders looks at one of the most revolutionary and controversial thinkers of all. Karl Marx’s ideas left an indelible stamp on the lives of billions of people and the world we live in today.
For Marx, the argument against capitalism was that it was inherently unfair and therefore doomed to collapse. Marx said it should be got rid of altogether. Today as the gap between rich and poor continues to cause tension, his ideas are once again being taken seriously at the heart of global business.
Stephanie travels from Marx’s birthplace to a former communist regime detention centre in Berlin and separates his economic analysis from what was carried out in his name. She asks what answers does Marx provide to the mess we are all in today. - Genre
- Economics; History
How to cite this record
The Open University, "Masters of Money". https://learningonscreen.ac.uk/ou/search/index.php/prog/82900 (Accessed 10 Jan 2025)