Friday, April 02, 2010
A Marxist take on the crisis
Posted by David Smith at 11:30 AM
Category: Thoughts and responses


Capitalism has not collapsed, yet, as a result of the crisis, to the frustration of some. Professor David Harvey of the City of New York Graduate School is a distinguished Marxist who wishes it had. His Marxist take on the crisis is interesting, and he concludes:

"Capitalism will never fall on its own. It will have to be pushed. The accumulation of capital will never cease. It will have to be stopped. The capitalist class will never willingly surrender its power. It will have to be dispossessed."

Some will find the resilience of capitalism reassuring. Others, like Harvey, clearly see it as a call to arms. A different perspective, anyway. The book is here and out soon.