The Enigma of Capital and the Crises of Capitalism


David Harvey (Geographer/Radical Sociologist) delivers a fascinating lecture at RSA.

The crises are not, exclusively, ECONOMIC. Nor is it entirely due to the global inter-connectedness but the “solution” does begin with tracking the inter-connectedness and managing rising complexity within every domain to attempt to bring about CULTURAL CHANGE and to rebuild for a SUSTAINABLE future.

“Capital is the lifeblood that flows through the body politic of all those societies we call capitalist, spreading out, sometimes as a trickle and other times as a flood, into every nook and cranny of the inhabited world”

Harvey maintains that: modern economics has buried its head in detail but ignored the systematic character of capital flow, he claims, and it is time for a restore an understanding of how capital works.

Statements like “The capitalist class will never willingly surrender its power,” and “It will have to be dispossessed” echo the words of Dr Joseph Tainter (The Collapse of Complex Societies) and of Ulrich Beck – refer links to previous blog items below.

Who am I to argue!?

The book:

The Enigma of Capital and the Crises of Capitalism
David Harvey
Profile Books, 256pp, £14.99

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