To get started with Hypothesis, click the above link and then click “Sign Up” in the right hand sidebar to create a free Hypothesis account. Once you are logged into Hypothesis you are free to make comments on the text.
In this lecture, David Harvey offers a close reading of Volume III of Karl Marx’s Capital to distinguish the rate of growth versus the mass of growth. Most economists, policy makers, politicians, and the financial press are very concerned about the rate of growth. The rate of growth is in turn critical to the formulation of policy. Yet the mass of growth is actually more significant, and deserves careful analysis. This lecture will devote special attention to the mass of growth. It will ask: What is the mass of growth? Who controls the mass of wealth? What are we going to do with the mass that is produced?
David Harvey has taught Capital to huge numbers of people everywhere. Dan interviews him about his latest book, Marx, Capital and the Madness of Economic Reason. Harvey explains why he thinks all three volumes are of Capital are key, why we’re still living under neoliberalism at least unless and until ethnonationalist autarchy pushes it aside, how capitalism might survive climate change via mass immiseration, and linking struggles over production and consumption in the fight to transform society toward socialism. And more.