Karl Marx Was Right

Karl Marx Was Right

We can’t say Karl Marx didn’t warn us: capitalism contains the seeds of its own destruction. In their chase for ever higher profits, the capitalists shed workers for machines. The higher return on capital means that the share of profits rises and the share of wages falls, and soon the mass of the population isn’t earning enough to buy the goods capitalism produces. And that’s exactly what’s been happening over the past four years of the Great Recession: ever increasing income inequality, leading to ever weaker aggregate demand – temporarily disguised by an unsustainable credit binge – leading to collapse. You don’t have to be a communist to see that this is so. We should all be Marxists now. Or should we? Every time capitalism hits an inevitable bad patch, Marx’s name is invoked with wearisome regularity. But no serious economist or political thinker – with the possible exception of Gordon Brown – has ever suggested capitalism can break free of booms and busts. Once bust, as we’ve seen time and again, the... Support this show http://supporter.acast.com/intelligencesquared. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Episoder(1559)

How deeply was the British Crown involved in the transatlantic slave trade? With author of The Crown’s Silence, Brooke Newman

How deeply was the British Crown involved in the transatlantic slave trade? With author of The Crown’s Silence, Brooke Newman

How deeply was the British Crown involved in the transatlantic slave trade? New research by historian Brooke Newman argues that, from the reign of Queen Elizabeth I, until well into the 19th century, ...

29 Mar 47min

The Specialist | The Coin Worth More Than Its Weight in Gold, with Selby Kiffer and David Tripp

The Specialist | The Coin Worth More Than Its Weight in Gold, with Selby Kiffer and David Tripp

This is an episode of The Specialist, your weekly dose of wonder. In The Specialist, explore the significance and journey of an extraordinary work through the eyes of those that know it best. On to...

28 Mar 17min

Why Are Populists Winning? With Liam Byrne and Will Hutton

Why Are Populists Winning? With Liam Byrne and Will Hutton

Populism has been winning big in recent years. It is the wave that has buoyed Donald Trump’s second term in office, Marine Le Pen’s popularity in France, and Reform UK’s recent leaps and bounds in Bri...

27 Mar 54min

How To Overcome Trauma, With Psychotherapist Dr Gwen Adshead (Part Two)

How To Overcome Trauma, With Psychotherapist Dr Gwen Adshead (Part Two)

Dr Gwen Adshead is one of Britain’s leading forensic psychiatrists. She is the author of The Sunday Times bestseller, The Devil You Know, which inspired her series of BBC Reith Lectures in 2024.  In ...

25 Mar 33min

How To Overcome Trauma, With Psychotherapist Dr Gwen Adshead (Part One)

How To Overcome Trauma, With Psychotherapist Dr Gwen Adshead (Part One)

Dr Gwen Adshead is one of Britain’s leading forensic psychiatrists. She is the author of The Sunday Times bestseller, The Devil You Know, which inspired her series of BBC Reith Lectures in 2024.  In ...

23 Mar 39min

How Has Living With Animals Shaped Our Brains? With Michael Bond

How Has Living With Animals Shaped Our Brains? With Michael Bond

Humans are animals. 40,000 years ago our ancestors considered themselves inseparable from the landscape and the wild animals that lived alongside them.  But over generations, we developed an idea that...

22 Mar 43min

The Specialist | From Canvas to Canon: Joan Mitchell’s King of Spades, with Courtney Kremers

The Specialist | From Canvas to Canon: Joan Mitchell’s King of Spades, with Courtney Kremers

This is an episode of The Specialist, your weekly dose of wonder. In The Specialist, explore the significance and journey of an extraordinary work through the eyes of those that know it best. On toda...

21 Mar 15min

Why Are Ancient Myths Resurfacing in Modern Britain? With Zakia Sewell

Why Are Ancient Myths Resurfacing in Modern Britain? With Zakia Sewell

Are Pagan Traditions Shaping a New British Identity? In this episode, Academic, broadcaster and critic Shahidha Bari speaks to journalist, DJ and author Zakia Sewell about her book Finding Albion: My...

20 Mar 42min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
aftenpodden-usa
forklart
popradet
stopp-verden
dine-penger-pengeradet
rss-gukild-johaug
det-store-bildet
nokon-ma-ga
fotballpodden-2
lydartikler-fra-aftenposten
hanna-de-heldige
rss-ness
aftenbla-bla
rss-espen-lee-usensurert
rss-dannet-uten-piano
rss-penger-polser-og-politikk
frokostshowet-pa-p5
e24-podden