Author of Seventeen Contradictions and the End of Capitalism, Professor David Harvey explains the main contradictions in capitalism, the Neo Liberal counter attack against workers power, the move from demand side theory to supply theory, when demand side economics get into trouble, the distinction between the use and exchange value of a commodity, universal human alienation, how money stops circulating in the economy, how capitalism is exhausting itself, Thomas Piketty’s work on income inequality, why Picketty’s book isn’t about capital, the importance of Picketty’s book, what type of society do we actually want to live in? Housing, education and healthcare as universal human rights, the absolute need for a popular movement to reign in capital and tips for how to debate a libertarian…
This clip from the Majority Report, live M-F at 12 noon EST and via daily podcast at http://Majority.FM
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