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rubbish

Its almost impossible to listen to this video, the enunciation is so bad its hard to make out a single work of what the man says. He should apply Marxism to his own dialogue ,,, it I cant hear you or make out what you are saying your talk is pretty useless ... its sounds like someone is mumbling along without any consideration to the audience ... what a waste ...

Old Marxist bla bla.

When we talk of value in relation to commodities, value is not embedded in commodities. It is a spectral-like objectivity that can't be reduced to a single commodity but only exists when commodities are set in relation to each other. So the value embedded in a single commodity is paradoxical, because that single commodity by itself does not have a value, only when it is set in relation with other commodities in market exchange. So we can talk of the value OF a commodity presupposing the aforementioned relations, but never the value IN a commodity. The socially necessary labour-time needed to produce a commodity is an average when all the abstract social labours are related to each other in the world market. This has nothing to do with the concrete labour that is embedded in the commodity in so far as it creates use-values.

"This is strange because you really wanted to see Marx kind of departing from Adam Smith, not saying "I accept the hidden hand of the market", that's what he does in chapter two of volume one, he says "I accept the hidden hand of the market", and of course what he's going to do is to say that the hidden hand is the hand of the laborer, that's what he does further down the line. The interesting thing about this is that whenever you ask any kind of conventional economist what do they think of Marx's labor theory of value, they'll say "well it's just a mystical kind of thing you know, it just happens you know, nobody can take that seriously", and than you say to them "well what about the hidden hand? Isn't that a mystical thing?", and they go "well no, that's the market, you know, that's the way the market is", and you say "why should I think of a market as being a hidden hand?". And you have a little argument of that kind and it turns out the hidden hand is just as mystical as Marx's theory of value, if not more so because Adam Smith does not say who's hidden hand it is, whereas Marx is definitely saying "well it's the hidden hand of labor that you've got to be looking at here", and the fact that Adam Smith ignored what was happening to laborers for the most part..." - David Harvey

how come we never get the questions , I wanna hear the questions!!

Brilliant!

Or take a look at philosophy of value at ruclips.net/channel/UC3jcEraYrBXC3HFZinyP8gw

This talk is so valuable, thank you so much. Can anyone tell us where this was published and under what title?

Value is a subjective concept which is objectivized in the market. Costs of production which includes labor, capital (including robots) and raw materials and are factored into the market mechanism. Capital includes the organizational and innovative ideas of the owner excluding the parasites who speculate in the stock market or inherit their wealth. This is common sense. The rest is ideology. Having said that the modern enterprise is a private tyranny in which employees are worthless cogs and decide nothing about what to produce when to produce, where to produce, how to produce and what to do with the proceeds. This might lead to exploitation, but it is difficult to tell how much of the proceeds employees should receive. For instance, how much should a lawyer pay his secretary? Should his secretary participate in the decision? Is this a matter of democracy or exploitation?

Why Google don´t add subtitles automaticly generated to this video?

Please, could anyone turn on the subtitles? even if automatic.

Please, could anyone turn on the subtitles? even if automatic.

It seems to me the crux of the matter regarding our "madness" is a failure to grasp the difference between the real world, where nothing can "grow" forever, and the abstract world of our symbols [which is all money really is, a socially constructed symbol], where numbers can theoretically grow to infinity. Unfortunately, the Marxists do not seem to appreciate that the human population cannot continue to "grow" forever either [but they do so love to throw around the "Malthusian" epithet at anyone who wants to bring in a little bit of biology]. And it's amazing to me that Harvey, in speaking of how we've been spreading around all that cement, laments the crisis of affordable housing but never connects the dots to climate change, given the large amount of GHG emissions generated by cement production. And of course he says nothing about the way the Earth's remaining wildlife habitat is being rapidly destroyed because of the competition to "invest" in crops to feed livestock, which we shouldn't be eating anyway, or "biofuels," which we shouldn't be burning! A new generation needs to go much further with the critique. Remember, the current economic system is only a belief system--it knows nothing about how ecosystems function--it's completely disconnected from the real world. And while we human beings alter ecosystems at our peril, we can CHANGE OUR BELIEFS at will!

My brain always feels rejuvenated listening to Prof. Harvey.

Harvey needs his own show 24/7... maybe repetition can help some of us.

Please, could anyone turn on the subtitles? even if automatic.

Excellent talk. Antivalue is spot on.

I'd love to get a PDF of the diagram shown at 17:46

Largely unintelligible because of mumbling, slurred speech and poor recording. A real shame!

Thank you! Subtitles please, even if automatic....

The long and the short of it is that Marx did not attempt to describe capitalism as a rigid, monolithic, static system. As he very well realized, capitalism - like everything else in the world - is subject to change and evolution. Marx described the basic dynamic forces or tendencies that operate within it. The actual outcome of those forces in any given situation depends on many factors, including the correlation of forces between the working class and the capitalist class (as well as between different factions within the latter), the geopolitical context, the stage of development of capitalism in a particular region, historical and cultural factors, etc. One thing in common, though, of all capitalist systems, regardless of these differences, is that sooner or later they all generate war, chaos, destruction and misery. As Harvey has stated elsewhere, the way out of a crisis for capitalism (i.e. its recurrent, inevitable crises) is destruction (of capital, value and, ultimately, people).

Professor Harvey should make an effort to speak more intelligibly and avoid mumbling, given that he has some very interesting things to say. It's a real shame that his brilliant lecture is marred poor sound quality combined with (that very British habit of) slurred speech...

You gotta love this guy. David is really fantastic some of the funniest ironic stuff on You Tube, Professor Dave, a most fitting even sympathetic bourgeois character himself (Central casting could not do better) takes us on a regular Mr. Magoo road trip ruclips.net/video/t8GTHXTEvIc/видео.html stumbling around the wacky theories of Karl Marx, elaborating his own illogical explanations of Kooky Karl’s bizarro roadmap of reality. Most informed people are aware Poor old Karl, led a crappy self-indulgent life, as a drunk, a rapist, and out right racist who’s life’s work was dreaming up new ways of updating ancient anti-Semitic prejudice with veiled 19c economic, social class mumbo jumbo, (labour theory of value anyone?) , and a big dose of delusional utopianism as the eschatological desert. It is nice to be distinctive in ones field and Kooky Karl has the distinction of cooking up the most failed ideology in the history of the world. Tried more often than any other - fails every time. Marxism Guaranteed to Fail Every Time. You can bet your life on it, as over 100 million victims already have. Watching David is like taking a ride with Mr. Magoo, as he explains his own understanding of the kooky circumstances of an unlikely theoretical excursion. Both Mr. Harvey and Mr. Magoo have that appealing and reassuring quality of the kind hearted patriarch, and as the observations swerve from unlikely to unnerving David offers ever more opaque (and entertaining) explanations for theoretical failures of Karl’s car wreck of a hypothesis. The only person who could out do Dave here would be Jim Backus. Imagine Jim Backus, revisiting his character of Thurston Howell III but now as a Marxist professor, yes that would be delicious (ruclips.net/video/jFqZhadwvG0/видео.html). Anyway adding a laugh track to this "series" might be a good next step,

Here is a clip that might help in understanding David Harvey, ruclips.net/video/_bdS2PjNAvg/видео.html It is of Yuri Bezmenov who defected to the west from the former Marxist superpower the “ Soviet Union” remember that bit of stunning stupidity that went on and on for 69 years? At 7.39 mentions half-baked intellectuals in the west, why would David Harvey flash to mind? As amusing as David’s tail chasing verbiage is -really he can be quite funny-- it is still embeds Kooky Karl's wacky materalist religion and anti-Semitic premise, ( read Kooky Karl's 1844 essay" On The Jewish Question"). There will always be the sad “believers” (and victims of) in Karl’s anti -Semitic “economic/social” theories, and his kooky "theory" always fails. Recalling the marxist/socialist utopias of the USSR( remember that"SUPERPOWER"), East Germany (remember them), Albania, Yugoslavia (remember them), North Korea, Cambodia, Czechoslovakia (remember them), Romania, Somalia, Ethiopia, China, Cuba, Mugabe land, Venezuela all evidence the absolute and appalling failures of Kooky Karl's social/economic hate based envy/theft “theories”. Sadly these failed Marxist Socialist states killed, murdered, starved, impoverished hundreds of millions of innocent people (in violation of the Jewish /Christian 10 commandments). How any moral person could continue the sad joke of “Marxism” is amazing. Dave here can be quite amusing ,really funny in his bourgeois manner …but his pseudo economic rhetoric is more geared to false hope, and emotional imaginings that justify an envy/theft culture than the real world realities of transcending authentic values (please read Hayek). Dave here could of chosen to live in any of the afore mentioned socialist utopias, and can sill choose so, Cuba, North Korea?, but no he lives in the most capitalist society he could find. One could cry but it is often better to laugh, …“Life is a comedy to those who think, a tragedy to those who feel.” I would suggest adding a laugh track - A very basic Reading List Karl Marx, Racist, By Weyl Nathaniel The Road to Serfdom by Friedrich von Hayek A World Without Jews. By (the racist) Karl Marx The Open Society and its Enemies by Karl popper Marx's Religion of Revolution: Regeneration Through Chaos by Gary North PhD. Communist Eschatology by Francis Nigel Lee PhD. Socialism by Ludwig Von Mises

Madness of Economic Reason? Compared to What ? Yes Yes Yes , When a kooky system cooked up by a 19th century nut like Karl Nutbar Marx utterly fails over and over and over again , his cult followers will of course find the fault is not with their sacred leader and most "sacred texts" but the world of reason....thus “ the madness of reason”. For the zombie cult followers of Kooky Karl his word is sacred, and consecrated by the deaths of millions, if his system does not work it is the fault of the world. The reality is Karl was a nut, a racist bigot, a drunk, never took a shower , was unemployable, smelled of horrid BO, raped the maid, wasted what ever money he could, and ultimately wasted his life, and due to his cult followers , Lenin, Stalin, Castro Brothers, Pol Pot, Tito, Mao and so on, millions of other lives. Here poor old Dave, one of Karl’s most distinguished cult followers goes on (and on) about value defined in Kooky Karl terms. If you want to talk about value, real value you are talking about, philosophy, religion, and yes theology, and so by quick extension the one true God of Abraham reveled by the Jewish people, now with 55% worlds population as adherents. Kooky Karl hated Jews and hid this behind his “materialist” values, an extension of his virulent anti-Semitic racism (see his 1844 essay on “The Jewish Question”). Karl in his hatred of the Jews , and the freedoms associated with Jedo-Christian cultures concocted a counter value system (or theology) based on materialism, envy, deciet and theft, all violations of Jewish law or Gods 10 commandments(suprise). In this amusing talk we see David’s dancing circumlocution around the ever-shifting subjectivities of Kooky Karls material “value” in relation to the ever-subjective “value” of "money value" (imagine him as a digital currency trader). As much fun as his talk is, it is a verbal shell game (also known as thimblerig), designed to evade a greater truth. …or like the shell game …sucker people. As amusing as David’s tail chasing verbiage is - it is still embeds Karl's anti-Semitic premise. There will always be the sad “believers” (and victims of) in Karl’s kooky anti -Semitic “economic/social” theories, and they will always fail. Recalling the marxist/socialist utopias of the USSR( remember that"superpower"), East Germany (remember them), Albania, Yugoslavia (remember them), North Korea, Cambodia, Czechoslovakia (remember them), Romania, Somalia, Ethiopia, China, Cuba, Mugabe land, Venezuela all evidence the absolute and appalling failures of this kooky Karl's social/economic hate based envy/theft “theories”. Sadly these failed Marxist Socialist states killed, murdered, starved, impoverished hundreds of millions of people (in violation of the 10 commandments). How any moral person could continue the sad joke of “Marxism” is amazing. Dave here can be quite amusing , in his bourgeois manner … his pseudo economic rhetoric is more geared to false hope, and emotional imaginings that justify an envy/theft culture than the real world realities of transcending authentic values (please read Hayek). Dave could of chosen to live in any of the afore mentioned socialist utopias, and can sill choose so, Cuba, North Korea?, but no he lives in the most capitalist society he could find. One could cry but it is often better to laugh, …“Life is a comedy to those who think, a tragedy to those who feel.” I would suggest adding a laugh track -

WOW!!! value in motion - a time space conundrum.... with Kooky Karl as our guide book author. You Gotta Love this guy… Here David goes on ( and on) about value …. sort of. If you want to talk about value, real value you are talking about, philosophy, religion, and yes theology, and so by quick extension the one true God of Abraham reveled by the Jewish people, now with 55% worlds population as adherents. Karl Marx believed in only “materialist” values, an extension of his virulent anti-Semitic racism (see his 1844 essay on “The Jewish Question”). Karl concocted a counter value system (or theology) based on materialism, envy and theft violations of Jewish law or Gods 10 commandments(suprise). Kooky Karl, was a racist who developed a new form of propagating his hate by hiding it behind wacky mix of economic, social, class theory and delusional utopianism - none of which of course makes any sense or has ever been proven to work , but this pile of fake theory at the end of the day hurts Jewish people more that others( yes.... sad to say but marxism is intrinsically anti-Semitic) and limits the freedom God gives all his people. In this amusing talk we see David’s dancing circumlocution around the ever-shifting subjectivities of material “value” in relation to the ever-subjective “value” of "money value" (imagine him as a digital currency trader). As much fun as his talk is, it is a verbal shell game (also known as thimblerig), designed to evade a greater truth. …or like the shell game …sucker people. As amusing as David’s tail chasing verbiage is - it is still embeds Karl's anti-Semitic premise. There will always be the sad “believers” (and victims of) in Karl’s kooky anti -Semitic “economic/social” theories, and they will always fail. Recalling the marxist/socialist utopias of the USSR( remember that"superpower"), East Germany (remember them), Albania, Yugoslavia (remember them), North Korea, Cambodia, Czechoslovakia (remember them), Romania, Somalia, Ethiopia, China, Cuba, Mugabe land, Venezuela all evidence the absolute and appalling failures of this kooky Karl's social/economic hate based envy/theft “theories”. Sadly these failed Marxist Socialist states killed, murdered, starved, impoverished hundreds of millions of people (in violation of the 10 commandments). How any moral person could continue the sad joke of “Marxism” is amazing. Dave here can be quite amusing … his pseudo economic rhetoric is more geared to false hope, and emotional imaginings that justify an envy/theft culture than the real world realities of transcending authentic values (please read Hayek). Dave could of chosen to live in any of the afore mentioned socialist utopias, and can sill choose so, Cuba, North Korea?, but no he lives in the most capitalist society he could find. One could cry but it is often better to laugh, …“Life is a comedy to those who think, a tragedy to those who feel.” I would suggest adding a laugh track -

The transformation of the social relations to dis-alienate labor is exactly what Proudhon was proposing. Marx misrepresented Proudhon as if his goal was to maintain capitalist relations when in fact the proposal was to extinguish profiteering from the production system while giving each worker and each collective the full measure of their work, after which a demonetized economy could emerge.

horrible sound recording, no content can recognized, needs to be redone, other videos are way better, sound first picture second!!

Love this brilliant man!

Hi. Is there a transcription of this?

There are subtitles availables?

Bro, you gotta ask ur crew turn your mic up! Consistently too quiet in your lecture vids. Love ur brain. Thanks for sharing!

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Why is the volume so low?

Sharp static sound at 56m:45s, continuing briefly and less loudly thereafter.

Anti-value?

Great! Thanks for upload.