A bimonthly podcast hosted by Professor David Harvey that looks at capitalism through a Marxist lens.
Season 3, Episode 19 — How Are We “Ruled by Abstractions?”
In this episode of ACC, Prof. Harvey examines Marx’s use of the notion of abstractions to develop a general theory of capital and his critique of capitalism. Harvey identifies different levels of abstraction used by Marx: scale, perspective of production, perspective of circulation and distribution and the contradictions that exist between production and circulation.
Marx, Harvey asserts, also differentiates between the concrete abstractions of a capitalist system, such as price of commodities and wages rates, and theoretical abstractions, the behavior of capitalists who are endlessly driven by competition and the quest for profits.
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Source URL — https://roarmag.org/2021/09/02/david-harvey-acc-s03e19/