[S5 E05] New
In this episode of Anti-Capitalist Chronicles, Prof. Harvey explains Marx’s analytical techniques of presupposition and posit and applies them to today’s capital circulation system and the crises that may emerge from the ever-growing fictitious capital investments. By looking at the presupposition, or what came before a system, and the posit, what happens as a result of an established system, Harvey takes apart the complex systems and issues today, such as climate change or the instability of fictitious capital investing in itself, and is able to illuminate some possible futures if we continue down these paths.
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“Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.”
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