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The Enigma Of Capital - Part 4 - Professor David Harvey - London School of Economics

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Uploaded by on Apr 27, 2010

For three centuries the capitalist system has shaped western society and conditioned the lives of its people. Capitalism is cyclical and increasingly bankrupt. Boom-and-bust is its model. Laying bare the follies of the international financial system, eminent academic David Harvey looks at the nature of capitalism and why it's time to call a halt to its unbridled excesses.

He examines the vast flows of money that surge round the world in daily volumes well in excess of the sum of all its economies. He looks at the cycles of boom and bust in the world's housing and stock markets and shows that periodic episodes of meltdown are not only inevitable in the capitalist system but essential to its survival.

The essence of capitalism is its amorality and lawlessness and to talk of a regulated, ethical capitalism is to make a fundamental error. The Enigma of Capital considers how crises of the current sort can best be contained within the constraints of capitalism, and makes the case for a social order that would allow us to live within a system that really could be responsible, just, and humane.

David Harvey is Distinguished Professor of Anthropology at the City University of New York Graduate School and former Professor of Geography at Johns Hopkins and Oxford Universities. The author of numerous books, he was awarded the Patron's Medal of the Royal Geographical Society in 1995 and elected to the American Academy of Arts and Sciences in 2007. He is the world's most cited academic geographer and his course on Marx's Capital has been downloaded by well over 250,000 people since mid-2008: http://davidharvey.org/|

This event celebrates Professor Harvey's new book The Enigma of Capital|.

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  • @busybuzzbuzz There are attempts to create what are effectivly scams which exploit the concept of global warming, but that in no way nulifies the concept. There are however, multi million pound think tank and pr campaigns that are dedicated to exploiting your beliefs to bring you into oposition to measures to stop global warming. The majority of climate scientist agree with this, do you think they are part of a conspiracy? btw Dr Rajenda Pachauri is not affiliated with TaTa, google it.

  • Anthropogenic Global Warming was devised specifically to expand capital growth and reestablish capitalism and surplus value. The head of IPCC is the chairman of TaTa energy in India. .This is a pro corporate agenda to bring Nuclear Power Plants back on the agenda (of which the US holds most of the licenses to build), to raise oil prices and to create a derivative market in Carbon Credits. The "science" was prefigured specifically for these purposes. The left has been totally coopted.

  • It's technological change that causes environmental problems. Depletion of soil with Nitrogen based fertilizers, pesticides and insecticdes on crops, toxic electronic waste from computers etc... chemical and heavy metal pollution, hydrofluorisilic acid in our tap water in US, Medical waste, toxins in everything from our refrigerators to our deoderants to overly processed nutrient depleted foods of commerce. Most of this is caused by the expansion of capital and it's surplus value.

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