[S10 E17] New
Capitalism's recurring unemployment problem was never solved and makes the system fundamentally unstable.(More...)
How can a cooperative control itself and not be beholden to anyone else? Can it?
This essay was written by Prof. David Harvey
When trying to interpret, understand and analyze the daily flow of news, I tend to locate what is happening against the background of two distinctive but intersecting models of how capitalism works. The first level is a mapping of the internal contradictions of the circulation and accumulation of capital as money value flows in search of profit through the different “moments” (as Marx calls them) of production, realization (consumption), distribution, and..(More...)