If you watch just one funny and handsome Marxist critique of the financial crisis, make it the Royal Society for the Encouragement of Arts, Manufactures and Commerce’s animated version of David Harvey’s RSA speech “Crises of Capitalism.” It’s been making the rounds this afternoon, and for good reason: Mr. Harvey, a Marxist scholar who heads CUNY’s Center for Place, Culture & Politics, describes not just the failures that caused the ongoing fiasco, but the failure of how we’ve explained it.
“It’s crap,” he says. “You should know it’s crap, and say it is. And we have a duty, it seems to me, those of us who are academics, and seriously involved in the world, to actually change our mode of thinking.”
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