From: gerald_levy1973 (Gerald_A_Levy@msn.com)
Date: Wed Feb 20 2008 - 19:16:14 EST
Fictitious Capital and Today's Global Crisis http://blip.tv/file/667781/ Video of a talk by Loren Goldner, London, 22 January 2008. Part 1 of 2. Hosted by Mute magazine, http://metamute.org The fallout from 2007's credit crunch becomes daily more visible as the global financial system goes from shock to recoil to shock. To understand the stakes of the current crisis and the possible impact – both from the perspective of capital and of the working class – one needs to understand the nature of the 30-year-plus `fictitious capital'bubble whose bursting we may now be witnessing. Far from being a remote 'economic' concept, fictitious capital leads us straight to the central political questions of today, and above all those questions confronting the international left. To see this clearly, analysis of the credit crunch must be connected to the dynamics of contemporary geopolitics and the closely related class struggle. This video is the first of two parts, the second features the Q & A after the discussion and will be uploaded soon. You can also download the complete video as a bittorrent here: .avi version: http://linkme2.net/dj .ogg version: http://linkme2.net/dk About Loren Goldner: Loren Goldner is a writer and activist who divides his time between New York and Seoul, South Korea. He has written on various economic, political and cultural matters over the past three decades. He is currently writing a book on the Korean working class. Most of his work is available on the Break Their Haughty Power web site at: http://home.earthlink.net/~lrgoldner Mute Magazine: Mute is a quarterly print magazine dedicated to culture and politics after the net. The Mute website is updated weekly with web-only content and its complete archive is made available free: http://metamute.org _______________________________________________ ope mailing list ope@lists.csuchico.edu https://lists.csuchico.edu/mailman/listinfo/ope
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