Seventeen Contradictions and the End of Capitalism - David Harvey Audiobook
Language: EnglishKeywords:
Business
Capitalism
Economics
Finance
Neoliberalism
Philosophy
Politics
Shared by:daenigma100
To modern Western society, capitalism is the air we breathe, and most people rarely think to question it, for good or for ill. But knowing what makes capitalism work - and what makes it fail - is crucial to understanding its long-term health and the vast implications for the global economy that go along with it.
In Seventeen Contradictions and the End of Capitalism, the eminent scholar David Harvey, author of A Brief History of Neoliberalism, examines the internal contradictions within the flow of capital that have precipitated recent crises. He contends that while the contradictions have made capitalism flexible and resilient, they also contain the seeds of systemic catastrophe. Many of the contradictions are manageable, but some are fatal: the stress on endless compound growth, the necessity to exploit nature to its limits, and tendency toward universal alienation. Capitalism has always managed to extend the outer limits through “spatial fixes”, expanding the geography of the system to cover nations and people formerly outside of its range. Whether it can continue to expand is an open question, but Harvey thinks it unlikely in the medium term future: the limits cannot extend much further, and the recent financial crisis is a harbinger of this.
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This post has 19 comments with rating of 5/5
September 28th, 2020
More anti capitalist literature beeded!
September 28th, 2020
More anti capitalist literature needed!
September 28th, 2020
Haven’t assorted loo-lahs been busily predicting the end of the economic world for centuries now? With precisely the same level of success? They’d probably get a better result with a crystal ball & copious amounts of cheap eye makeup.
Why don’t the doomsayers spend their time productively; formulating an alternative - non-lethal - system, that will actually work, p’haps? We don’t have one of those yet. And it would make them a heck of a lot of money. But there’s always the comedy circuit…
September 28th, 2020
Once we lose capuit5alism we will be like North Korea.. Just what uneducated people don’t realize. 2 Classes only the very wealthy and the poor no in-between they try and wrap it up in a nice bow but communisms and socialism is just like this.
September 28th, 2020
The first book predicting of the end of capitalism was in the year 1867. Since then quite a few people have made a living out of making further predictions about the collapse of capitalism. This book was written seven years ago. It doesn’t look any more likely to come true than the 1867 one.
September 28th, 2020
Dan,
Not true. Since Marx’s critique of Capitalism in Kapital, much of what was predicted has become true: massive wealth inequality, suppression of wages (which when you account for inflation and consumer price index have been flat as a pancake) while productivity has sky-rocketed. The exploitations at which capitalism needs to grow to thrive will only increase as it continues to feed on itself. Its a problem now, and it will be a massive problem later.
September 28th, 2020
Sarah:
“the ideas of the ruling class are in every epoch the ruling ideas.” - is perfectly illustrated by your comment. You sound more like propaganda for the ruling elite, yet you are probably at best, a lowly or mid level wage slave working within the system that has been set up for you.
2. You are confusing communism and socialism. Commuminism everyone is the same. No classes, no property, the idea is everyone is equal. This theory of course is probably unworkable, and even if it was workable we never got to see it in action in its pure form, it was immediately corrupted by Lenin’s own personal views, then Stalinism, as well as immediatley being militarized as the world seeing this new form of social order as a threat immedately after the Russian revolution began invading russian and attacking it. So even if Communism was possible in reality, we’d never know it, we only saw a completely corrupted Communist-Stalist version of it.
3. You CAN and DO have class divisions in Socialism. Socialism is NOT communism. Everyone is NOT the same. All socialism is: its a form of democratically controlled means of production. You can still have ruling elite, middle class, lower class. But the workers control the means of production and have democratic control in a say it how its wealth is distributed as well as what direction the companies go, benefits employees get, etc. So instead of one man or a small group of board members who make the decisions and reap almost total profit that is built by the many…it is much more even. Some can and still do get more than others. It is democratic NOT everyone is the same.
It is also a system that takes care of its own better in regards to pay, social safety nets, protections from exploitations, etc — all things you do not get under a capitalist system.
So please, do everyone a favor, grab an objective audiobook on Socialism and Communism so you can tell the difference, or a book that compares and contrasts the two. All you’re doing right now is spreading someone
September 28th, 2020
Everything will always happen “later” - somewhat akin to the set of circumstances which is outlined in the Infinite monkey theorem.
Didn’t Karl also predict that the then appalling conditions for 19th century industrial workers would continue to worsen, until it became unbearable for even the “lumpen” types?
Admittedly, it would be so cool to have a viable alternative, which didn’t leave mountains of premature cadavers. Mountainous sacrifices to wholly benign predictions.
September 28th, 2020
@caesar: All the doomsayers are of course wrong, until one isn’t. The world has no use for billionares and that’s just what the current system produces. At the expense of the world and the well-being of its inhabitants.
September 28th, 2020
I don’t live in a “Utopia” - thank heaven - rather it’s a State with a system of regulated market capitalism. Like other EU states (& assorted States worldwide) “it is also a system that takes care of its own better in regards to pay, social safety nets, protections from exploitations, etc.” — all things you quite obviously do get under a capitalist system, as it turns out.
We vote for this system, we legislate for it, we pay our taxes for it - freely. Proving the doomsayers wrong.
September 28th, 2020
@illodiini - More infinite simians, I fear! One day…but in the meantime?
On a personal level, I have no time for those billionaire lads. I’m with that old cynic, Diogenes on that score: “In a rich man’s house there is no place to spit but his face.”
However, might the world have a conceivable use for them, after all? Don’t they invest their “ill-gotten” in economies, creating employment for the Great Unwashed, etc?
September 29th, 2020
People seem to think that because Marx was right about the problem: drastic wealth inequality, he must also be right about the solution. Anyone who can math can follow the exponential growth curve of capitalism, that doesn’t mean we need to toss it out, but we really should ensure a better degree of distribution, which means higher taxes on the rich. Which we had before. In the 70s and earlier. Were we communist in the 70s? Nope. Did we have uber rich jagoffs who single handledly owned multiple percentage points of all the wealth there is in our country? Nope.
September 29th, 2020
Excellent! Thank you.
September 29th, 2020
Great! Thank you!
September 29th, 2020
@caesar: Yup, you got the “ill-gotten” right. If I’d have all the money in the world, and most of it exploiting heartlessly others and environment, I could be nice about a small percentage of it and give it to charity, of my own choice, of course.
October 3rd, 2020
more david harvey! thank you!
November 5th, 2020
Thanks so much! Yes, more Prof David Harvey indeed!
October 5th, 2021
Thank you.
June 18th, 2024
Excellent
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