Capitalism's Inherent Contradictions: Why It Drives Toward Crisis

Capitalism's Inherent Contradictions: Why It Drives Toward Crisis

April 25, 2023

U.S. IMPERIALISM - FOLLOW THE MONEY

Geopolitical Economy Report

Political economist Radhika Desai discusses the inherent contradictions in the capitalist mode of production: crises of overproduction, the tendency of the rate of profit to fall, and a trend toward monopolies and financialization.

She also explains the difference between classical political economy and neoclassical economics.

This is a discussion of chapter 2, "Capitalism as Contradictory Value Production", of Radhika's book "Capitalism, Coronavirus and War: A Geopolitical Economy."

Original: https://youtu.be/AlQfmjLd978

Check out Radhika's show with Michael Hudson, Geopolitical Economy Hour: https://www.youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP

You can download Radhika's book for free here: https://geopoliticaleconomy.com/2023/02/17/capitalism-coronavirus-war-geopolitical-economy-radhika-desai

Other episodes in the series: https://www.youtube.com/playlist?list=PLDAi0NdlN8hNZoKp0XsLFwSxxlMQu6ye8

#Profits #Resources #WealthTransfer #GreatReset #Plandemic #USDollarCollapse #Oil

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