The Future of Capitalism: Neo Feudalism? Panel 4: Radhika Desai and Michael Hudson

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  • Опубликовано: 11 май 2024
  • An interdisciplinary conference at the University of Chicago
    4. Political Economy Panel (3:30-4:50 PM)
    Radhika Desai (Manitoba): “What’s in a Name? The Misuses of ‘Feudalism’ and ‘Capitalism’”
    Michael Hudson (UMKC): “Is the West Regressing into Neofeudalism?”
    neofeudalismconference.wordpr...

Комментарии • 23

  • @martduenas
    @martduenas Месяц назад +7

    My favorite geopolitical economic nerds!

  • @jason8434
    @jason8434 Месяц назад +5

    Prof. Desai makes an important point that Marx saw capitalism as progressive because, however crudely, it was socializing labor i.e. building a world of collective production and labor empowerment as opposed to feudal production for individual subsistence and aristocratic aggrandizement. This is the sense in which to understand "socialism" at its historical origins. Socialism is a project based on the socialization of labor and collective ownership based on political recognition of this ideology of industrial labor. I would argue from this premise that socialism's historical failure was a failure of industrial ideology, but that doesn't mean the socialization of labor cannot take new non-industrial forms, even semi-market forms based on reforms in how property rights function, opening up private property to public claims without having to abolish private property rights altogether.

    • @ChrisCleg
      @ChrisCleg Месяц назад

      I agree!! Great comment.

    • @piccalillipit9211
      @piccalillipit9211 Месяц назад

      "socialism's historical failure was a failure of..." socialisms historical failure was due almost entirely to its pathological destruction by capitalism

    • @NotAPacifist825
      @NotAPacifist825 25 дней назад

      "Socialism's historical failure". I guess I missed that bit.

    • @jason8434
      @jason8434 25 дней назад

      @@NotAPacifist825 1989, look it up.

    • @NotAPacifist825
      @NotAPacifist825 25 дней назад

      @@jason8434 yea no. No such thing.

  • @mns8732
    @mns8732 25 дней назад +1

    Why couldn't high-school be this interesting?

  • @piccalillipit9211
    @piccalillipit9211 Месяц назад +2

    *BOTH PEOPLE WERE FASCINATING* utterly brilliant.

  • @thecirculareconomy4412
    @thecirculareconomy4412 Месяц назад +3

    Sadly so many progressive events are marred by technical issues. Often wondered why this is. Great content however

  • @Crytoma
    @Crytoma Месяц назад +3

    Insightful

  • @jacksonstone246
    @jacksonstone246 18 дней назад

    “Today is already the tomorrow which the bad economist yesterday urged us to ignore” -Henry Hazlitt. This lady is out of her mind and emotional. What is her interest? the greater universe? No. Is it for the community? Doubt it. Is it for herself? Maybe. Is it from envy, hatred, and irrationality? Yes.

  • @presterjohn1697
    @presterjohn1697 Месяц назад +2

    Does Radhika Desai offer any analysis of China's growing billionaire class? Growing class divide? If not why?

    • @ggc7318
      @ggc7318 18 дней назад

      She would be canceled by CCP. Does she work for free ?

    • @tylermcconnell
      @tylermcconnell 14 дней назад

      China does not worry about how many billionaires it has, as long as they do not challenge the communist party for State power. See Jack Ma.

  • @proadlekopy
    @proadlekopy Месяц назад +1

    The amount of books she must have read

  • @ludviglidstrom6924
    @ludviglidstrom6924 Месяц назад +2

    Very interesting

  • @DannyDanny-rn7ck
    @DannyDanny-rn7ck Месяц назад

    26:00
    Wierguild

  • @findbridge1790
    @findbridge1790 Месяц назад

    undying love for the sound of her own voice

    • @ludviglidstrom6924
      @ludviglidstrom6924 Месяц назад

      Misogynist

    • @NotAPacifist825
      @NotAPacifist825 25 дней назад

      She said only what was required to explain her point of view. So the opposite of what you said.

    • @jacksonstone246
      @jacksonstone246 18 дней назад

      @@NotAPacifist825her point is non-point or a better word, non-sense. This economy isn’t capitalist in the first place. Capitalism is NO GOVERMENT FAVORTISM OR ACTIVISM. She is about to break down and either start crying or yelling or both. She is literally out of her mind. Her point it’s, philosophical, ethical, epistemological, it’s not even political. It’s sheer hatred and ignorance.