David Harvey's Anti-Capitalist Chronicles

The Monopolization of Everything

07.29.2021 - By Democracy at Work - David HarveyPlay

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In this episode of ACC, Prof. Harvey asserts that capital is becoming ever more centralized. The monopolization of power is inevitable in capitalism. However, according to Harvey, there are significant barriers to the continuity of capital accumulation. People are growing dissatisfied with the current economic conditions, a political system does not work for the benefit of the population, and are more and more at odds with the ruling ideas. We have a crisis of ideology, a crisis of economy, a crisis in the environment and a crisis of the future in terms of demographic possibilities.

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