David Harvey – The Power Center of Capitalism Has Shifted

Prof Harvey takes a look into why modern capitalism concentrates power more in finance and merchant capital than industrial capital. What changes in neoliberalism created such focus on financialization instead of surplus value?

“What we’ve seen since the 1980s, because of the neoliberal way in which the neoliberal door was opened to all kinds of financial operations, we find a situation in which more often than not finance capital becomes the master, not the servant.” – David Harvey

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