The Anti-Capitalist Chronicles look at capitalism through a Marxist lens. Support the show on Patreon and get early access to episodes and more: https://www.patreon.com/davidharveyacc
The Primary Abstractions of Capital
In this episode of ACC, Prof. Harvey discusses some of the contradictions that Marx uncovered as he examined the abstractions of capital. He explores the contradiction between the rate of change and the mass of value, and the crises that emerge from the two. The crisis of housing, Harvey suggests, is one such example.
How Are We "Ruled by 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.
The Monopolization of Everything
In this episode of ACC, Prof. Harvey asserts that capital is becoming ever more centralized. The monopolization of power is inevitable in capitalism. However, according to Harvey, there are significant barriers to the continuity of capital accumulation. People are growing dissatisfied with the current economic conditions, a political system does not work for the benefit of the population, and are more and more at odds with the ruling ideas.
The Ruling Ideas of a Billionaire Class
In this episode of ACC, Prof. Harvey talks about the ideas of the ruling elites, how those ideas became part of the culture, and were used by the ruling class to seize back control and wealth from the labor movement by attacking the working class. The ruling class is as dedicated as it always has been to the maintenance of its power. Neoliberalism is stronger than ever because the capitalist class is stronger than ever.
The Urbanization of China
In this episode of ACC, Prof. Harvey argues that the circulation of interest-bearing capital and financialization, both necessary for the disposal of surplus capital and surplus value, are implicated in the acceleration of turnover time, especially in areas like tourism that have become dependent on "mindless urbanization." He points to China as a leading example.
Dumping Surplus Capital
In this episode of ACC, Prof. Harvey talks about the changing dynamics of capital accumulation since Marx's analysis in the Grundrisse. The disempowerment of workers as part of the Neoliberal strategy of the 1980s to the present day, led to declining wages and standard of living for workers, but an increase in surplus capital and wealth for corporation and wealthy elites. Military expenditures (military Keynesianism) and fixed capital become sinks for disposing overaccumulating capital.
Enjoyable and Informative
David Harvey presents these podcasts superbly and I enjoy his reflective, as opposed to overly assertive, approach
great podcast on economics, marxism, and politics
i love his voice! short episodes and great analysis.
Great podcast that serves as a good introduction to David Harvey and his perspectives on capitalism and Marx. What sets this podcast apart is the focus on what Marx actually said and wrote and how it applies today.