"Crisis of Capitalism" refuted

Posted by Maphesdus 12 years, 4 months ago to Video
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I recently watched this RSA Animate video in which a self-proclaimed Marxist, David Harvey, talks about what he thinks are the primary problems with Capitalism, and how Marxist theory can supposedly solve those problems (yeah right). The video is called "Crisis of Capitalism," and you can watch it here:

http://www.youtube.com/watch?v=qOP2V_np2...

However, the logic that David Harvey uses is fundamentally flawed, and there's a critique of his video by the same guy who refuted the "Inequality in America" video. I thought the critique was incredibly accurate, and it points out the primary flaws in Marxist reasoning. I don't know why these flaws aren't obvious to everyone else. Why are people complaining that capitalism makes people rich? If we want to truly solve the problem of poverty, shouldn't we be trying to eliminate... you know, poverty, and not wealth? Eliminating wealth isn't going to make poverty go away -- it'll make poverty worse! I mean, that seems pretty obvious to me. I don't understand why so many people can't seem to grasp that simple fact.

Anyway, you can watch the critique here. Enjoy. ;)


SOURCE URL: http://www.youtube.com/watch?v=NJGAs2KwoWk


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