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David Harvey's Anti-Capitalist Chronicles

David Harvey's Anti-Capitalist Chronicles is a bi-weekly podcast that looks at capitalism through a Marxist lens. Learn how to support this show, visit us at www.democracyatwork.info/davidharveyacc.

David Harvey's Anti-Capitalist Chronicles is a Democracy at Work (d@w) production. d@w produces media and live events to expose capitalism’s systemic problems and to show how democratizing our workplaces solves them. We can do better than capitalism.

HOST: David Harvey is the foremost Marxist thinker about political economy and has been teaching Karl Marx's Capital for over 40 years. He currently teaches at the Graduate Center of the City University of New York. Prof. Harvey has written extensively on the significance of Marx's Capital for understanding contemporary capitalism, and will be presenting this knowledge and more to his podcast audience.

  1. All Episodes
  2. The Circulation of Fictitious Capital

The Circulation of Fictitious Capital

Mar 9, 2023

In this episode of Anti-Capitalist Chronicles, Prof. Harvey explains Marx’s analytical techniques of presupposition and posit and applies them to today’s capital circulation system and the crises that may emerge from the ever-growing fictitious capital investments. By looking at the presupposition, or what came before a system, and the posit, what happens as a result of an established system, Harvey takes apart the complex systems and issues today, such as climate change or the instability of fictitious capital investing in itself, and is able to illuminate some possible futures if we continue down these paths.