David Harvey's comments about the anti-social and predatory operation of pension funds (including his own) are extremely important and timely. Workers have been more deeply integrated into 'financialized' capitalism through many mechanisms, including debts they accumulate but also through their 'asset' accumulation via pension funds and personal investing. I was involved as co-editor of a new book on this, called The Contradictions of Pension Fund Capitalism, available through Cornell University Press. www.cornellpress.cornell.edu/book/?GCOI=80140100837830 Trade unionists and movements of the political left will need to grapple with how to de-integrate from capitalist financial markets and systems if we are ever going to move in a different direction.
David Harvey's comments about the anti-social and predatory operation of pension funds (including his own) are extremely important and timely. Workers have been more deeply integrated into 'financialized' capitalism through many mechanisms, including debts they accumulate but also through their 'asset' accumulation via pension funds and personal investing. I was involved as co-editor of a new book on this, called The Contradictions of Pension Fund Capitalism, available through Cornell University Press. www.cornellpress.cornell.edu/book/?GCOI=80140100837830
Trade unionists and movements of the political left will need to grapple with how to de-integrate from capitalist financial markets and systems if we are ever going to move in a different direction.
Good points all.
Great insights from Professor Harvey.
We would like to see display screen instead of the floor.
here u go thenextrecession.files.wordpress.com/2017/09/harvey-flow-graph.png
users vs.abusers; buyers vs. sellers; capitalism vs. labor; also feminism and environmentalism
Thanx
Robinson Margaret Garcia Elizabeth Perez Robert
Today Marx birthday, 5 th may
The competent can contribute to pension/security. The incompetent require charity with no contribution.
Do you think competency, or lack thereof, is the only reason one might not be able to contribute to ones pension/security?