Capitalisms inherent contradictions: Why it drives toward crisis  @GeopoliticalEconomyReport
Capitalisms inherent contradictions: Why it drives toward crisis  @GeopoliticalEconomyReport
Geopolitical Economy Report | Capitalism's inherent contradictions: Why it drives toward crisis @GeopoliticalEconomyReport | Uploaded April 2023 | Updated October 2024, 4 hours ago.
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".

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

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

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

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