Tag Archives: David Harvey

The Enigma of the Enigma- my critique of David Harvey for the Left Forum

see the more recent, and far superior, draft here.   The Left Forum is next weekend at Pace University in NYC. I’m speaking on two panels on Sunday: David Harvey and Capitalist Accumulation; and a roundtable on Andrew Kliman’s new … Continue reading

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Part 2 of my interview on Diet Soap

Part 2 of My interview on Diet Soap has now been posted.  

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DietSoap Interview on Harvey-Kliman-Wolff

Last week  I did another interview with Doug Lain of Diet Soap. We talked about three different Marxist crisis theorists: David Harvey, Andrew Kliman and Rick Wolff.    

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Kapital vol 3; Chapter 14. Counteracting Influences

Capital Vol. III Part III: The Law of the Tendency of the Rate of Profit to Fall Chapter 14. Counteracting Influences (This post is part of an ongoing project: a close reading of volume 3 of Kapital, one post per … Continue reading

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The Economic Crisis and Left Responses

THE ECONOMIC CRISIS & LEFT RESPONSES Sat. Nov. 6, 9 a.m.–6 p.m., Pace University, lower Manhattan. Confirmed speakers: Brendan Cooney, Walter Daum, Barry Finger, David Harvey, Mac Intosh, Anne Jaclard, Andrew Kliman, Paul Mattick, Fred Moseley, and Richard Wolff Chances … Continue reading

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Das Kapital vol. 3 Part 2 chapter 8 Different Compositions of Capitals in Different Branches of Production and Resulting Differences in Rates of Profit

“…differences in the average rate of profit in the various branches of industry do not exist in reality, and could not exist without abolishing the entire system of capitalist production. It would seem, therefore, that here the theory of value is incompatible with the actual process, incompatible with the real phenomena of production, and that for this reason any attempt to understand these phenomena should be given up.” Continue reading

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Das Kapital vol.3 part 1, chapter 4: The Effect of Turnover on the Rate of Profit

This chapter is written entirely by Engels. According to Engels all Marx had completed for this chapter was the title.

Turnover time does not effect any of the basic observations about the rate of profit which we have already made. But it does alter the speed at which profits are made, thus effecting the rate of profit. While this may not be the most exciting chapter ever written there are some important concepts here. Most importantly, the faster the turnover time the higher the rate of profit. This means that capital has a marked tendency to decrease the turnover time both in production and circulation. Continue reading

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