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."

2 comments:

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

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  2. Beautiful, 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!!!!!!")

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