Why does Harvey belive that it is not worth studying the strongest suit of U.S. capitalism: $700 billion dollar pentagon, and the politics of imperial coup de etas they induce, or, the national endowment for democracy securing politicians that will help their oligarchies acquire illegal foreign debt to suck the host of the peripheral economies dry off their wealth? He is befuddled by flows because he does not look at outputs. So, yes if all you do is look at flows moving from one place to another w/o seeing the outputs (stocks, and where they reside) it will look very complex, etc. It is not as dynamic as he claims. It is not like Uruguay can launch a coup de eta in the U.S. or China, and I can keep on going on that vein. Then he is befuddled because Apple tells him that exploiting Chinese workers is not where the value comes from. That their labor is not productive. Well, this is easy to check: see if their FDI increase in cheap platform countries over time, and compare it to their denials. See if they finance the careers of politicians that pass the equivalent of the right to work laws Jeff Bezos style etc. This guy is too desperate to defend the pentagon. Not to analyze it. To keep it out of the view of Marxian analysis. Very leftist I guess. What do I know I am just an undergraduate from UMKC, and former student of what I guess is one of his pals: Stephanie Kelton. Not a very socialist person in her interactions I can attest. All too happy to display to students she is a power-hungry psychopath. Ohhhh, sure I am re-ranking her. She can bet the house on it. I am an undergraduate student who has busted his ass to continue his education on his own, and this guy does not even reach that level of understanding of the current situation with Ph.D.´s from the UK, the U.S., and all sort of fellowships, and honorary titles? How do you get to that podium to lecture so poorly on this subject? Do I even need to waste money on a master´s or PhD.? if I can ask questions that are beyond his reach?
This is very relevant concept as the inner characteristics of capitalist exploitation is still prevailing in the more adverse form. Inequality has increased on more higher stage than any time in the history of capitalism.
Why does Harvey belive that it is not worth studying the strongest suit of U.S. capitalism: $700 billion dollar pentagon, and the politics of imperial coup de etas they induce, or, the national endowment for democracy securing politicians that will help their oligarchies acquire illegal foreign debt to suck the host of the peripheral economies dry off their wealth? He is befuddled by flows because he does not look at outputs. So, yes if all you do is look at flows moving from one place to another w/o seeing the outputs (stocks, and where they reside) it will look very complex, etc. It is not as dynamic as he claims. It is not like Uruguay can launch a coup de eta in the U.S. or China, and I can keep on going on that vein. Then he is befuddled because Apple tells him that exploiting Chinese workers is not where the value comes from. That their labor is not productive. Well, this is easy to check: see if their FDI increase in cheap platform countries over time, and compare it to their denials. See if they finance the careers of politicians that pass the equivalent of the right to work laws Jeff Bezos style etc. This guy is too desperate to defend the pentagon. Not to analyze it. To keep it out of the view of Marxian analysis. Very leftist I guess. What do I know I am just an undergraduate from UMKC, and former student of what I guess is one of his pals: Stephanie Kelton. Not a very socialist person in her interactions I can attest. All too happy to display to students she is a power-hungry psychopath. Ohhhh, sure I am re-ranking her. She can bet the house on it. I am an undergraduate student who has busted his ass to continue his education on his own, and this guy does not even reach that level of understanding of the current situation with Ph.D.´s from the UK, the U.S., and all sort of fellowships, and honorary titles? How do you get to that podium to lecture so poorly on this subject? Do I even need to waste money on a master´s or PhD.? if I can ask questions that are beyond his reach?
This is very relevant concept as the inner characteristics of capitalist exploitation is still prevailing in the more adverse form. Inequality has increased on more higher stage than any time in the history of capitalism.