Below are video of 3 different panels from the March 2010 Left Forum in New York City. There is a lot of stuff here so let me describe and recommend a few highlights for viewers with less time on their hands.
Probably the most frequent question I get from viewers/readers is: “Okay, you have critiqued capitalism. Now what is the solution?” I usually respond by saying that we need to understand the problem better before we can begin to articulate solutions. Here, I am pleased to post some thoughts on what it means to overthrow capital and some of the ways it can be thought about: Check out Anne Jaclard and Andrew Kliman’s talks on the “Future of World Capitalism” series, panel 1, and the discussion that followed. These will be of interest to many viewers who want to know what it means to overthrow the law of value.
There is plenty on the economic crisis here. I speak on the relevance of Marx’s theoretical ordering of categories to his theory of crisis and how such a perspective might help us understand the debates amongst Marxists on how to understand the crisis. (This is a revised version of my talk at the Rethinking Marxism conference last November). Andrew Kliman’s talk on that same panel discusses his ground-breaking paper which claims that the current crisis is best explained through Marx’s theory of the tendency of the rate of profit to fall. Anne Jaclard critiques the financial theories of crisis popular on the left. Alan Freeman, on the Future of World Capitalism 2 series, discuses the way the state is essential in preparing the way for a boom after a crisis. And Jack Rasmus discusses the problems in mainstream and Marxist theories of financial bubbles. I can’t say I agree with all of Rasmus’s characterizations of Marx’s value theory. Check the discussion for Freeman’s reply to some of Rasmus’s statements.
The “Future of World Capitalism” series is a book series to be published by Radical Daemon books. These two panels contain short presentations by 6 different authors on the topics of their books. In addition to the topics mentioned above, there is a great presentation by Henry Heller on the origins of capitalism. Heller argues that rather than seeing capitalism as a natural evolution of pure economic logic we need to understand the political origins of capitalism. Costas Panviotakis argues that we need to re-conceptualize the notion of scarcity in our attempt to envisage a post-capitalist society. And Radhika Desai challenges the popular notions of “globalization” and American hegemony that are usually used to characterize the neoliberal era.
Left Forum 2010
Anne Jaclard (Chair) – National Secretary, Marxist-Humanist Initiative
Brendan Cooney – Video producer, “kapitalism101”
Andrew Kliman – Dept. of Economics-Pleasantville, Pace University
Future of World Capitalism book series-Radical Daemon Books
Alan Freeman (Chair) – University of Manitoba Greater London Authority
Radhika Desai – Politics, University of Manitoba Visiting Fellow, DESTIN, London School of Economics
Costas Panayiotakis – Sociology, New York City College of Technology, CUNY
Andrew Kliman – Economics, Pace University
Anne Jaclard – National Secretary, Marxist-Humanist Initiative
Radical Daemon Book Panel 1
Allen Freeman Introduction:
The Future of World Capitalism Book Panel 2: Concepts of Transition
Left Forum 2010
Radhika Desai (Chair) – Politics, University of Manitoba Visiting Fellow, DESTIN, London School of Economics
Alan Freeman – University of Manitoba Greater London Authority (personal capacity)
Henry Heller – History, University of Manitoba
Jack Rasmus – Santa Clara University and Economics and Politics, St. Marys College