I am now blogging at a new blog: erdman31.com

If you post comments here at Theos Project, please know that I will respond and engage your thoughts in a timely manner.

Tuesday, August 03, 2010

Capitalism in financial crisis

Check out this video by David Harvey. It is a provocative analysis of capitalism in crisis by a Marxist theorist. However, I think you will be intrigued by the presentation style. I love it. I think it is a fabulous way to take in information. I will refrain from commenting on the style of the video and just allow you to view it. But please do leave me a comment and let me know what you think.

Two of his main points (for those who wish to discuss the substance of the presentation):

"Capitalism never solves its crisis problems, it moves them around geographically."

History of capitalism is about financial ingenuity and innovation. "Financial innovation has the effect of empowering the financiers."


Jonathan Erdman said...

Special thanks to my friend Aeyn for passing this link along.

amy frances said...

Beautiful, beautiful, beautiful.


(I'm talking, of course, about the style, not the shit hole we're in. I don't understand economics enough to comment on the shit hole beyond "Aaaaaaaaaaahhhhhhhhhhhhhh!!!!!!")