Capitalism's inherent contradictions: Why it drives toward crisis
Political economist Radhika Desai discusses the i…
April 25, 2023
59 min
145 of 500
April 25, 2023
Capitalism's inherent contradictions: Why it drives toward crisis
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Geopolitical Economy Report Episodes Around April 25, 2023
Episode 145 of 500 — walk the feed in the order it was published.
59:46This episodeCapitalism's inherent contradictions: Why it drives toward crisis
Summary
Political economist Radhika Desai discusses the inherent contradictions in the capitalist mode of production: crises of overproduction, the tendency of the rate of profit to fall, and a trend toward monopolies and financialization. She also explains the difference between classical political economy and neoclassical economics.
This is a discussion of chapter 2, "Capitalism as Contradictory Value Production", of Radhika's book "Capitalism, Coronavirus and War: A Geopolitical Economy".
VIDEO: https://youtube.com/watch?v=AlQfmjLd978
You can download Radhika's book for free here: https://geopoliticaleconomy.com/2023/02/17/capitalism-coronavirus-war-geopolitical-economy-radhika-desai
Other episodes in the series: https://youtube.com/playlist?list=PLDAi0NdlN8hNZoKp0XsLFwSxxlMQu6ye8
Check out Radhika's show with Michael Hudson, Geopolitical Economy Hour: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP
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