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Dumping Surplus Capital
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Manage episode 295235480 series 2462386
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 - what Harvey calls "mindless urbanization"- become sinks for disposing overaccumulating capital.
103 episodes
Archived series ("Inactive feed" status)
When? This feed was archived on January 05, 2024 16:13 (). Last successful fetch was on October 30, 2023 14:59 ()
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 295235480 series 2462386
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 - what Harvey calls "mindless urbanization"- become sinks for disposing overaccumulating capital.
103 episodes
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