David Harvey: The importance of municipal socialism to reclaim cities
Vložit
- čas přidán 17. 05. 2024
- David Harvey speaking at The Future is Public conference in Amsterdam.
David Harvey gives his take on capital in relation to current challenges in our lives.
We are living in a crucial moment. Cities are on the front lines of today’s most urgent challenges, including fighting climate change and rising inequality, as well as the need to support refugees and provide universal access to public services that are human rights including housing, drinking water and sanitation services, energy, health care and education. These global problems call for public solutions.
Find out more: futureispublic.org
00:00 Introduction
05:00 Start key note David Harvey
07:00 Capital today
10:00 Endless expansion: The money spiral
13:30 Profit and individual emancipation
17:20 Broken system
21:45 Compound interest and the global economy
27:30 Mass vs rate
33:00 The mass problem
40:30 To big to fail to monstrous to survive
48:10 A response by Amsterdam councillor Rutger Groot Wassink (Green Party)
Portrait photo attribution: Robert Crc, FAL, via Wikimedia Commons.
This clear-thinking genius ought to be invited: to be very special advisor to President Bernie Sanders. And he’s so right about the appalling state of the NY subway “system” ....... we can’t (us ordinary people who use the subway) take it much longer..... the depravity of capitalism is evident everywhere for us in the trenches........ Marx has never been more prescient. Thank you sincerely Professor Harvey.
as always, brilliant and he is effortlessly communicating some of the complex problems. Thank you sir
Red salute to Harvey Sir and all the people there
long live our Great David Sir.
The lady doing the introductory remarks has a program.. anyone remember? It's on yt.
Laura Flanders
Just listening to David Harvey, I can feel my brain growing more intelligent.
26:45 I kinda don't get it, the benefit is the measure of increase of income, right? I think we need to check the math here. Top benefited by 325, poorest by 3000 pounds. The rate of growth is proportional and the rate of increase in absolute numbers. But in case of 10% top and 10% bottom we see that the amount of people is exactly the same, so the proportional numbers must have cosmic differences.
Luckily, it seems that David explains later that the top 10% benefit rate is currently roughly 0 on average while lowest 10% continue to grow because their capitals is practically insignificant. People at the top are so busy preserving their money that they can't effectively use them.
Hidden hand is something they grew out of infections and they have to create it to remain so
Therefore we see something of psychological need of poor Individual(moloch), calmness by creating infection on other
David Harvey is great (like the few wise white men living). Yet we have essentially lost our connection to nature, the ecosystem and empathy towards each other and the living planet. Hence, the future, is mostly cancelled, for us a species or race.
Yes Sir if we won't create somehow a network of Revolutionary thing,holy ought to create a foolish thing but thanks to Marx we could recognise foolishness in name of illusion
Love old Harvey, but he is barking mad on QE. Obama's QE did not add much to the money supply in circulation at all. It was all banks reserves or bonds (i.e., savings accounts at the Fed, i.e., welfare for the already rich), nothing much at all comparatively went into actual consumer circulation. Banks do not lend against their reserves or deposits, they lend to anyone credit worthy, and sell/buy bonds only later if they need to meet their reserve requirements. So Harvey old man, sorry, you are peddling ignorant myths, dangerous myths. You are more neoliberal than you know Prof. The neoliberal idea of QE is flooding the banks with reserves would enable them to lend more. It failed. The idea was to produce some inflation,. It failed. You can only stimulate an economy with fiscal spending and lowering taxes, for REAL PRODUCTIVE activity, not predatory finance. There is a WORLD of difference between bank QE and a PEOPLES QE. Obama did a bank QE which was utterly ineffective. A people's QE (debt cancellation) would have been completely different and would have likely reshaped the whole economy into health. It may have moderate inflationary effects, but that is precisely what you want in a debt driven recession, it lowers the relative value of rich folks savings.