Seventeen Contradictions and the End of Capitalism

┬╖ Tantor Media Inc ┬╖ рд╡рд╛рдЪрдХ James Cameron Stewart
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To modern Western society, capitalism is the air we breathe, and most people rarely think to question it, for good or for ill. But knowing what makes capitalism work-and what makes it fail-is crucial to understanding its long-term health, and the vast implications for the global economy that go along with it. In Seventeen Contradictions and the End of Capitalism, the eminent scholar David Harvey, author of A Brief History of Neoliberalism, examines the internal contradictions within the flow of capital that have precipitated recent crises. He contends that while the contradictions have made capitalism flexible and resilient, they also contain the seeds of systemic catastrophe. Many of the contradictions are manageable, but some are fatal: the stress on endless compound growth, the necessity to exploit nature to its limits, and tendency toward universal alienation. Capitalism has always managed to extend the outer limits through "spatial fixes," expanding the geography of the system to cover nations and people formerly outside of its range. Whether it can continue to expand is an open question, but Harvey thinks it unlikely in the medium term future: the limits cannot extend much further, and the recent financial crisis is a harbinger of this.

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David Harvey is Distinguished Professor of Anthropology at the City University of New York Graduate School, where he has taught since 2001. His course on Marx's Capital has been downloaded by over two million people since appearing online in 2008.

Trained at Hull University and the Bristol Old Vic Theatre School, James Cameron Stewart is a veteran actor whose performances include roles in theater, film, and television. His credits include Outlander, Jericho, Flying Blind, Golden Years, Emmerdale, London's Burning, Eastenders, Coronation Street, and Holby City.

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