Economics need to change - now more than ever! With Exploring Economics, we strengthen alternative economic approaches and counter mainstream economics with a critical and pluralistic vision of economic education. We also provide background analyses on current economic debates to strengthen a critical economic discourse.
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The clip accompanies a speech by David Harvey on the crises of capitalism with nice and detailed drawings. Harvey illustrates the five most common narratives on why the financial and economic crisis took place – from human frailty to policy failure. Departing from those narratives, he presents a Marxist analysis on the current crisis, as a consequence of the crisis of the 1970s and of recent developments of capitalism.