The Big Picture » Crises of Capitalism

Crises of Capitalism

Posted By Barry Ritholtz On June 30, 2010 @ 9:30 pm In Bailouts | Comments Disabled

“If you watch just one funny and handsome Marxist critique of the financial crisis, make it the Royal Society for the Encouragement of Arts, Manufactures and Commerce’s animated version ^[2] of David Harvey’s RSA speech “Crises of Capitalism.” It’s been making ^[3] the ^[4] rounds ^[5] this afternoon, and for good reason: Mr. Harvey, a Marxist scholar ^[6] who heads CUNY’s Center for Place, Culture & Politics ^[7], describes not just the failures that caused the ongoing fiasco, but the failure of how we’ve explained it.”

I don’t agree with most much of this discussion, but nonetheless I found it amusing.

In this RSA Animate, radical sociologist David Harvey asks if it is time to look beyond capitalism towards a new social order that would allow us to live within a system that really could be responsible, just, and humane?

Hat tip Chris C

Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2010/06/crises-of-capitalism/

URLs in this post:

[1] New York Observer: http://www.observer.com/2010/wall-street/todays-must-see-animated-capitalist-takedown-rsa-and-david-harvey

[2] animated version: http://comment.rsablogs.org.uk/videos/

[3] making: http://newleft.tumblr.com/post/749959797/david-harveys-crises-of-capitalism-animated

[4] the: http://youngmanhattanite.tumblr.com/post/749985251/newleft-david-harveys-crises-of-capitalism

[5] rounds: http://6h057.net/post/750050224/youngmanhattanite-newleft-david-harveys

[6] Marxist scholar: http://davidharvey.org/2008/06/getting-started/

[7] Center for Place, Culture & Politics: http://web.gc.cuny.edu/pcp/p_director.html

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