All of the youth ferment on campuses is a very good thing. Lots of people are being permanently transformed and will do good thing throughout their lives. However, young people must be careful not to be coopted, even by labor unions and the like. They must keep their eye on a radical transformation of society.

You can't take the view of some of the sectarian parties that hard issues can't be confronted when dealing with workers. If you don't confront these issues, what will ever change?

We must not forget either that some of the system's resilience is due to its ability to coopt people with money and prestige. It is easy to get sucked right in. Those who grasp the system are also likely to be talented and capable of doing well within the system. Who will turn down a lot of money? Who doesn't have an ego? A compromise here, another one there, and pretty soon, you are sucked right in.

I still believe that workers must be the basic force which must organize and eventually transform society (along with peasants in poor countries). This is because they are the source of the profits which make capitalism what it is. They can shut the system down, and at the same time they possess the unique knowledge needed to make it work in everyone's interests.

Capitalism is a powerful producer of output, crisis-mongering on the left notwithstanding, and this too makes the system seem to have a lot of promise. This is why it is so important to agitate against the system in good times and bad. We can't depend on some super crisis to get folks thinking but instead have to focus on all of the contradictions of the system which cannot be ultimately resolved by it.

Racism is the most divisive force in our society, so until it is dealt with we cannot hope for much.

With respect to teaching, I couldn't make sense of mainstream economics when I had to teach it to college students. At the same time, I could see at the school that there was a whole lot of hypocrisy. Not much real respect for the "higher learning."