Understanding the Great Recession
What are the most fundamental causes of the current economic crisis? Radical anthropologist David Harvey provides a lucid account of how this crisis and others are the result of capitalism’s inevitable compulsion to expand itself into a state of collapse, and argues that the only sane thing to do is to join an anti-capitalist movement. In this piece, Joe Clement introduces and presents parts of a lecture of Harvey's that explains in Marxist terms how we got into the mess we're in now.
Check out the animated video that accompanies the lecture on Harvey's website, where you can also find a whole course devoted to Marx's Capital.
David Harvey is a Distinguished Professor at the City University of New York (CUNY), Director of The Center for Place, Culture and Politics, and author of numerous books. He has been teaching Karl Marx's Capital for nearly 40 years.