New book “Seventeen Contradictions and the End of Capitalism”: David Harvey
“What I am seeking here is a better understanding of the contradictions of capital, not of capitalism. I want to know how the economic engine of capitalism works the way it does, and why it might stutter and stall and sometimes appear to be on the verge of collapse. I also want to show why this economic engine should be replaced, and with what.” –from the Introduction
Published by Profile Books in the UK:
Following on from The Enigma of Capital, the world’s leading Marxist thinker explores the hidden workings of capital and reveals the forces that will lead inexorably to the demise of our system.You thought capitalism was permanent? Think again.
David Harvey unravels the contradictions at the heart of capitalism – its drive, for example, to accumulate capital beyond the means of investing it, its imperative to use the cheapest methods of production that leads to consumers with no means of consumption, and its compulsion to exploit nature to the point of extinction. These are the tensions which underpin the persistence of mass unemployment, the downward spirals of Europe and Japan, and the unstable lurches forward of China and India.
Not that the contradictions of capital are all bad: they can lead to the innovations that make capitalism resilient and, it seems, permanent. Yet appearances can deceive: while many of capital’s contradictions can be managed, others will be fatal to our society. This new book is both an incisive guide to the world around us and a manifesto for change.