David Harvey on Karl Marx
Hosted by De Balie in cooperation with IISG
October 9, 2014
Amsterdam
Category: capital (Page 4 of 7)
Reading Marx’s Capital
David Harvey
Thomas Piketty has written a book called Capital that has caused quite a stir. He advocates progressive taxation and a global wealth tax as the only way to counter the trend towards the creation of a “patrimonial” form of capitalism marked by what he dubs “terrifying” inequalities of wealth and income. He also documents in excruciating and hard to rebut detail how social inequality of both wealth and income has evolved over the last two centuries, with particular emphasis on the role of wealth. He demolishes the widely-held view that free market capitalism spreads the wealth around and that it is the great bulwark for the defense of individual liberties and freedoms. Free-market capitalism, in the absence of any major redistributive interventions on the part of the state, Piketty shows, produces anti-democratic oligarchies. This demonstration has given sustenance to liberal outrage as it drives the Wall Street Journal apoplectic.
The book has often been presented as a twenty-first century substitute for Karl Marx’s nineteenth century work of the same title. Piketty actually denies this was his intention, which is just as well since his is not a book about capital at all. It does not tell us why the crash of 2008 occurred and why it is taking so long for so many people to get out from under the dual burdens of prolonged unemployment and millions of houses lost to foreclosure. It does not help us understand why growth is currently so sluggish in the US as opposed to China and why Europe is locked down in a politics of austerity and an economy of stagnation. What Piketty does show statistically (and we should be indebted to him and his colleagues for this) is that capital has tended throughout its history to produce ever-greater levels of inequality. This is, for many of us, hardly news. It was, moreover, exactly Marx’s theoretical conclusion in Volume One of his version of Capital. Piketty fails to note this, which is not surprising since he has since claimed, in the face of accusations in the right wing press that he is a Marxist in disguise, not to have read Marx’s Capital.
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Class 12 Files: Video MP4 (430.3 MB) M4V (400.3 MB) | Audio MP3 (72 MB)
(To download on a PC right-click on an above file and click ‘Save as’ or ‘Download to’. On a Mac Control-click instead of right-click.)
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Additional formats coming soon.
These lectures were the inspiration for the book: A Companion to Marx’s Capital, Volume 2 published by Verso in 2013.
© 2013 David Harvey
Reading Marx’s Capital Volume II with David Harvey is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 United States License.
Capital, Volume 2
Part Three: The Reproduction and Circulation of the Total Social Capital (Reproduction Schema)
Chapter 20: Simple Reproduction
Chapter 21: Accumulation and Reproduction on an Expanded Scale
The page numbers Professor Harvey refers to are valid for the Penguin Classics editions of Capital Volumes 2 and 3.
Listen now:
Class 11 Files: Video MP4 (409.8 MB) M4V (388.9 MB) | Audio MP3 (72 MB)
(To download on a PC right-click on an above file and click ‘Save as’ or ‘Download to’. On a Mac Control-click instead of right-click.)
Problems viewing or downloading files? View on: YouTube, Vimeo, or Archive.org.
Additional formats coming soon.
These lectures were the inspiration for the book: A Companion to Marx’s Capital, Volume 2 published by Verso in 2013.
© 2013 David Harvey
Reading Marx’s Capital Volume II with David Harvey is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 United States License.
Capital, Volume 2
Part Three: The Reproduction and Circulation of the Total Social Capital (Reproduction Schema)
Chapter 18: Introduction
Chapter 19: Former Presentations of the Subject
Chapter 20: Simple Reproduction (Sections 1-5)
The page numbers Professor Harvey refers to are valid for the Penguin Classics editions of Capital Volumes 2 and 3.
Listen now:
Class 10 Files: Video MP4 (415 MB) M4V (441.8 MB) | Audio MP3 (76 MB)
(To download on a PC right-click on an above file and click ‘Save as’ or ‘Download to’. On a Mac Control-click instead of right-click.)
Problems viewing or downloading files? View on: YouTube, Vimeo, or Archive.org.
Additional formats coming soon.
Handout Class 10 A, Handout Class 10 B, Handout Class 10 C
These lectures were the inspiration for the book: A Companion to Marx’s Capital, Volume 2 published by Verso in 2013.
© 2013 David Harvey
Reading Marx’s Capital Volume II with David Harvey is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 United States License.
Capital, Volume 2
Chapter 15: Effect of Circulation Time on the Magnitude of the Capital Advanced
Chapter 16: The Turnover of Variable Capital
Chapter 17: The Circulation of Surplus Value
The page numbers Professor Harvey refers to are valid for the Penguin Classics editions of Capital Volumes 2 and 3.
Listen now:
Class 9 Files: Video MP4 (366.9 MB) M4V (430.4 MB) | Audio MP3 (76 MB)
(To download on a PC right-click on an above file and click ‘Save as’ or ‘Download to’. On a Mac Control-click instead of right-click.)
Problems viewing or downloading files? View on: YouTube, Vimeo, or Archive.org.
Additional formats coming soon.
These lectures were the inspiration for the book: A Companion to Marx’s Capital, Volume 2 published by Verso in 2013.
© 2013 David Harvey
Reading Marx’s Capital Volume II with David Harvey is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 United States License.
Capital, Volume 2
Chapter 12: The Working Period
Chapter 13: Production Time
Chapter 14: Circulation Time
The page numbers Professor Harvey refers to are valid for the Penguin Classics editions of Capital Volumes 2 and 3.
Listen now:
Class 8 Files: Video MP4 (373.9 MB) M4V (396.8 MB) | Audio MP3 (70 MB)
(To download on a PC right-click on an above file and click ‘Save as’ or ‘Download to’. On a Mac Control-click instead of right-click.)
Problems viewing or downloading files? View on: YouTube, Vimeo, or Archive.org.
Additional formats coming soon.
These lectures were the inspiration for the book: A Companion to Marx’s Capital, Volume 2 published by Verso in 2013.
© 2013 David Harvey
Reading Marx’s Capital Volume II with David Harvey is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 United States License.
Marx’s Method in Capital
David Harvey & Alex Callinicos
Marxism 2012 Conference
London | July 2012
Capital, Volume 3
Part Five: The Division of Profit into Interest and Profit of Enterprise. (Interest-Bearing Capital)
Chapter 21: Interest-Bearing Capital
Chapter 22: Division of Profit. Rate of Interest. ‘Natural’ Rate of Interest.
Chapter 23: Interest and Profit of Enterprise
Chapter 24: Interest-Bearing Capital as the Superficial Form of the Capital Relation
Chapter 25: Credit and Fictitious Capital
Chapter 26: Accumulation of Money-Capital, and its Influence on the Rate of Interest.
The page numbers Professor Harvey refers to are valid for the Penguin Classics editions of Capital Volumes 2 and 3.
Listen now:
Class 6 Files: Video MP4 (442.7 MB) M4V (475.5 MB) | Audio MP3 (87 MB)
(To download on a PC right-click on an above file and click ‘Save as’ or ‘Download to’. On a Mac Control-click instead of right-click.)
Problems viewing or downloading files? View on: YouTube, Vimeo, or Archive.org.
Additional formats coming soon.
These lectures were the inspiration for the book: A Companion to Marx’s Capital, Volume 2 published by Verso in 2013.
© 2012 David Harvey
Reading Marx’s Capital Volume II with David Harvey is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 United States License.
Capital, Volume 3
Part Four: The Transformation of Commodity Capital and Money Capital into Commercial Capital and Money-Dealing Capital (Merchant’s Capital)
Chapter 16: Commercial Capital
Chapter 17: Commercial Profit
Chapter 18: The Turnover of Commercial Capital. Prices
Chapter 19: Money-Dealing Capital
Chapter 20: Historical Material on Merchant’s Capital
The page numbers Professor Harvey refers to are valid for the Penguin Classics editions of Capital Volumes 2 and 3.
Listen now:
Class 5 Files: Video MP4 (445.8 MB) M4V (415.6 MB) | Audio MP3 (72 MB)
(To download on a PC right-click on an above file and click ‘Save as’ or ‘Download to’. On a Mac Control-click instead of right-click.)
Problems viewing or downloading files? View on: YouTube, Vimeo, or Archive.org.
Additional formats coming soon.
These lectures were the inspiration for the book: A Companion to Marx’s Capital, Volume 2 published by Verso in 2013.
© 2012 David Harvey
Reading Marx’s Capital Volume II with David Harvey is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 United States License.
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