The Future of Capitalism: Neo Feudalism? Panel 4: Radhika Desai and Michael Hudson

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  • čas přidán 11. 05. 2024
  • An interdisciplinary conference at the University of Chicago
    4. Political Economy Panel (3:30-4:50 PM)
    Radhika Desai (Manitoba): “What’s in a Name? The Misuses of ‘Feudalism’ and ‘Capitalism’”
    Michael Hudson (UMKC): “Is the West Regressing into Neofeudalism?”
    neofeudalismconference.wordpr...

Komentáře • 23

  • @martduenas
    @martduenas Před 29 dny +7

    My favorite geopolitical economic nerds!

  • @mns8732
    @mns8732 Před 21 dnem +1

    Why couldn't high-school be this interesting?

  • @piccalillipit9211
    @piccalillipit9211 Před 29 dny +2

    *BOTH PEOPLE WERE FASCINATING* utterly brilliant.

  • @thecirculareconomy4412
    @thecirculareconomy4412 Před 29 dny +3

    Sadly so many progressive events are marred by technical issues. Often wondered why this is. Great content however

  • @Crytoma
    @Crytoma Před měsícem +3

    Insightful

  • @jason8434
    @jason8434 Před měsícem +5

    Prof. Desai makes an important point that Marx saw capitalism as progressive because, however crudely, it was socializing labor i.e. building a world of collective production and labor empowerment as opposed to feudal production for individual subsistence and aristocratic aggrandizement. This is the sense in which to understand "socialism" at its historical origins. Socialism is a project based on the socialization of labor and collective ownership based on political recognition of this ideology of industrial labor. I would argue from this premise that socialism's historical failure was a failure of industrial ideology, but that doesn't mean the socialization of labor cannot take new non-industrial forms, even semi-market forms based on reforms in how property rights function, opening up private property to public claims without having to abolish private property rights altogether.

    • @ChrisCleg
      @ChrisCleg Před měsícem

      I agree!! Great comment.

    • @piccalillipit9211
      @piccalillipit9211 Před 29 dny

      "socialism's historical failure was a failure of..." socialisms historical failure was due almost entirely to its pathological destruction by capitalism

    • @NotAPacifist825
      @NotAPacifist825 Před 22 dny

      "Socialism's historical failure". I guess I missed that bit.

    • @jason8434
      @jason8434 Před 22 dny

      @@NotAPacifist825 1989, look it up.

    • @NotAPacifist825
      @NotAPacifist825 Před 22 dny

      @@jason8434 yea no. No such thing.

  • @jacksonstone246
    @jacksonstone246 Před 14 dny

    “Today is already the tomorrow which the bad economist yesterday urged us to ignore” -Henry Hazlitt. This lady is out of her mind and emotional. What is her interest? the greater universe? No. Is it for the community? Doubt it. Is it for herself? Maybe. Is it from envy, hatred, and irrationality? Yes.

  • @presterjohn1697
    @presterjohn1697 Před 26 dny +2

    Does Radhika Desai offer any analysis of China's growing billionaire class? Growing class divide? If not why?

    • @ggc7318
      @ggc7318 Před 15 dny

      She would be canceled by CCP. Does she work for free ?

    • @tylermcconnell
      @tylermcconnell Před 10 dny

      China does not worry about how many billionaires it has, as long as they do not challenge the communist party for State power. See Jack Ma.

  • @proadlekopy
    @proadlekopy Před měsícem +1

    The amount of books she must have read

  • @ludviglidstrom6924
    @ludviglidstrom6924 Před 28 dny +2

    Very interesting

  • @DannyDanny-rn7ck
    @DannyDanny-rn7ck Před 29 dny

    26:00
    Wierguild

  • @findbridge1790
    @findbridge1790 Před měsícem

    undying love for the sound of her own voice

    • @ludviglidstrom6924
      @ludviglidstrom6924 Před 28 dny

      Misogynist

    • @NotAPacifist825
      @NotAPacifist825 Před 22 dny

      She said only what was required to explain her point of view. So the opposite of what you said.

    • @jacksonstone246
      @jacksonstone246 Před 14 dny

      @@NotAPacifist825her point is non-point or a better word, non-sense. This economy isn’t capitalist in the first place. Capitalism is NO GOVERMENT FAVORTISM OR ACTIVISM. She is about to break down and either start crying or yelling or both. She is literally out of her mind. Her point it’s, philosophical, ethical, epistemological, it’s not even political. It’s sheer hatred and ignorance.