Financial services become part of GDP in the 1970s and legitimize the power of financial institutions. 

The Financialization of Power

David Harvey's Anti-Capitalist Chronicles is a bi-weekly podcast that looks at capitalism through a Marxist lens. Support the show on Patreon and get early access to episodes and more: https://www.patreon.com/davidharveyacc

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 In this episode of Anti-Capitalist Chronicles, Prof. Harvey shares major lessons he learned while studying the housing issue in Baltimore in the late 1960s and asking the questions: Why is housing quality so appalling in low-income areas? Why had past attempts to change that failed? How could the richest nation in the world tolerate this? Harvey explains how he came to learn the importance of looking at the totality of the system—not just the issue itself—as well as leveraging, how social policies often work well for those who need it least, the issue of gentrification, and more.  David Harvey's Anti-Capitalist Chronicles is a Democracy at Work production, made possible by audience donations. Consider supporting us on Patreon.  

Housing in a Broken System

In this episode of Anti-Capitalist Chronicles, Prof. Harvey explores the contributions made by Daniel Ellsberg, the political activist known for releasing the Pentagon Papers in 1971. Ellsberg gave the public a look into the ways in which the US government was lying about the Vietnam war with the Pentagon Papers, and offered a look into how the US military thinks about military policy with respect to nuclear weapons in his book The Doomsday Machine. Ellsberg’s contributions are deeply relevant today with the Russian/Ukraine war and the ever-growing number of nuclear weapons around the globe. David Harvey's Anti-Capitalist Chronicles is a Democracy at Work production, made possible by audience donations. Consider supporting us on Patreon. 

Daniel Ellsberg, Government Dishonesty & Nuclear Weapons

In this episode of Anti-Capitalist Chronicles, Prof. Harvey explains Marx’s analytical techniques of presupposition and posit and applies them to today’s capital circulation system and the crises that may emerge from the ever-growing fictitious capital investments. By looking at the presupposition, or what came before a system, and the posit, what happens as a result of an established system, Harvey takes apart the complex systems and issues today, such as climate change or the instability of fictitious capital investing in itself, and is able to illuminate some possible futures if we continue down these paths.

The Circulation of Fictitious Capital

In this episode of Anti-Capitalist Chronicles, Prof. Harvey focuses on the impact of war on civilians, both today in Ukraine and historically. While it is a war crime to attack civilian populations, there is a long, deadly history of it. From the atomic bombs dropped on Hiroshima and Nagasaki to the fire bombs in Dresden and Tokyo, the US is far from innocent of civilian attack. Harvey reminds us that the horrors inflicted on Ukrainians today should be judged in a similar manner as we judge those atrocities of the past.    Support Anti-Capitalist Chronicles and Democracy at Work on Patreon at www.patreon.com/democracyatwork  

The Impact of War on Civilians

In this episode of Anti-Capitalist Chronicles, Prof. Harvey focuses on the concept of totality, conceptualized in Marx’s Grundrisse, and the importance of situating theoretical frameworks within on-the-ground struggles. Harvey explains how he’s spent his life’s work attempting to do this, focusing on issues such as housing, climate change, and more. Marx and Engel’s theoretical contributions are critical, but it is in the tangible application of them that the true benefits are realized.   Support Anti-Capitalist Chronicles and Democracy at Work on Patreon at www.patreon.com/democracyatwork 

The Financialization of Power

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