The End of Capitalism
In its long history, Capitalism has undergone many booms and busts. It is, simply put, an economic system in which a relatively large group of people, workers, sell their labor and production to a small group of people, the owners, for a wage. It generates a lot of money for the few and some for others down the economic scale. Since the crash of 2008 and the bank bailout, the share of income and wealth flowing to the top 1 percent has accelerated. In fact, the top 1 percent took more than 90 percent of all new income.
David Harvey is the Distinguished Professor of Anthropology and Geography at the Graduate Center of the City University of New York. He is the author of many books, including The Limits to Capital, A Brief History of Neoliberalism, Spaces of Global Capitalism, A Companion to Marx’s Capital, Seventeen Contradictions and the End of Capitalism and The Ways of the World. He is among the top twenty most cited authors in the humanities and is the world’s most cited academic geographer.
David Green –
I’ve read a lot of David Harvey, and watched his videos on Marx. This talk clearly and concisely describes the nature of capitalism and the need for its inevitable demise, hopefully through planning rather than crisis and destruction.
It IS nice to listen to something that resonates with truth. So tired being spoon fed nonsense. It took me a while to wake up. The masses are awakening. IF you look at the banksters (banking personnel gangsters) and how they originated, you’d be appalled. Go and have a look.
I purchased this because David eloquently spells everything out with clarity. Good reference to have on hand. Kudos to David for bringing the information to the populace at large.