Capitalism's inherent contradictions: Why it drives toward crisis
April 25, 2023
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59:47Now PlayingCapitalism's inherent contradictions: Why it drives toward crisis
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as posted by the channelPolitical 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".
Other episodes in the series
You can download Radhika's book for free here
Check out Radhika's show with Michael Hudson, Geopolitical Economy Hour
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