139. Infinite Crisis (ft. Phil Neel)

Published: Feb. 25, 2022, 12:31 a.m.

b'We\\u2019re joined by Phil Neel, a communist economic geographer, to dig deep into different theories of crisis in capitalism. While theorizing crisis is a core part of the Marxist analysis of capitalism, we focus on understanding how major approaches in mainstream economics try (and fail) to explain the features, causes, and solutions for crisis. Bonus: we learn how economics is a disproven cosmology maintained by bourgeois ideology\\u2014like astrology for the ruling class. Double bonus: we end the episode with an explanation and critique of Modern Monetary Theory (MMT).\\n\\nCheck out some of Phil\\u2019s work:\\n\\u2022\\u2022\\u2022 Global China, Global Crisis: Falling Profitability, Rising Capital Exports and the Formation of New Territorial Industrial Complexes | Phillip Neel https://drive.google.com/file/d/1krt15Qx0lPizv7SPR8b0GhsmGK61k1TP/view \\n\\u2022\\u2022\\u2022 Hinterland: America\\u2019s New Landscape of Class and Conflict | Phil Neel https://www.akpress.org/hinterland.html \\n\\u2022\\u2022\\u2022 Phil Neel at Brooklyn Rail | https://brooklynrail.org/contributor/phil-a-neel\\n\\nSubscribe to hear more analysis and commentary in our premium episodes every week! patreon.com/thismachinekills \\n\\nGrab fresh new TMK gear: bonfire.com/store/this-machine-kills-podcast/ \\n\\nHosted by Jathan Sadowski (twitter.com/jathansadowski) and Edward Ongweso Jr. (twitter.com/bigblackjacobin). Production / Music by Jereme Brown (twitter.com/braunestahl)'