Seventeen contradictions and the end of capitalism
By: David Harvey
Publisher: Oxford University Press, USA
Published: 2014
Language: eng
Number of pages: 338
ISBN-13: 9780199360260; 9780190230852
Subjects: Financial crises; Capitalism
Description: "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 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. David Harvey has long been recognized as one of the world's most acute critical analysts of the global capitalist system and the injustices that flow from it. In this book, he returns to the foundations of all of his work, dissecting and interrogating the fundamental illogic of our economic system, as well as giving us a look at how human societies are likely to evolve in a post-capitalist world"--
Notes: Includes bibliographical references and index.
Table of contents: title: Prologue: the crisis of capitalism this time around -- -- Introduction:; title: On contradiction -- -- Part One:; title: The foundational contradictions.; title: Use value and exchange value --; title: The social value of labor and its representation by money --; title: Private property and the capitalist state --; title: Private appropriation and common wealth --; title: Capital and labour --; title: Capital as process or thing? --; title: The contradictory unity of production and realization -- -- Part Two:; title: The moving contradictions.; title: Technology, work, and human disposability --; title: Divisions of labor --; title: Monopoly and competition: centralisation and decentralisation --; title: Uneven geographical developments and the production of space --; title: Disparities of income and wealth --; title: Social reproduction --; title: Freedom and domination -- -- Part three:; title: The dangerous contradictions.; title: Endless compound growth --; title: Capital's relation to nature --; title: The revolt of human nature: universal alienation -- -- Conclusion:; title: Prospects for a happy but contested future: the promise of revolutionary humanism -- -- Epilogue:; title: Ideas for political praxis.