39 min

How Are We "Ruled by Abstractions?‪"‬ David Harvey's Anti-Capitalist Chronicles

    • History

In this episode of ACC, Prof. Harvey examines Marx’s use of abstractions to develop a general theory of capital. Harvey identifies different levels of abstraction used by Marx: scale, perspective of production, perspective of circulation and distribution and the contradictions that exist between the two. Marx, Harvey asserts, also differentiates between the concrete abstractions of a capitalist system, such as price of commodities and wages rates, and theoretical abstractions.

In this episode of ACC, Prof. Harvey examines Marx’s use of abstractions to develop a general theory of capital. Harvey identifies different levels of abstraction used by Marx: scale, perspective of production, perspective of circulation and distribution and the contradictions that exist between the two. Marx, Harvey asserts, also differentiates between the concrete abstractions of a capitalist system, such as price of commodities and wages rates, and theoretical abstractions.

39 min

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