Raj Patel on Value, Price, and Profit

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= What relation does the price of an item have to its actual worth -- an especially pertinent question in the middle of ecological crisis and as the economic meltdown massively devalues assets from stocks to houses? Radical academic Raj Patel believes much can be learned from thinkers like Karl Marx, Karl Polanyi, and even Adam Smith about value, price, and the market.

Podcast via http://atg.kpfa.org/program/286/id/111518/wed-3-17-10-raj-patel-value-price-and-profit