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Tag Archives: Utopian Project

Why the Crisis isn’t the fault of ‘Greedy Bankers’


A Principia Dialectica Meeting


Friday 17 April at 7.30pm

The Lucas Arms

Grays Inn Road



Nearest tube: King’s Cross


Is the credit crunch and crisis really the result of greed, stupidity and incompetence, as more or less everyone, from the Right and the Left are telling us, or are there deeper reasons for the mess? The theory of value, which Marx laid out in Capital, does provide us with a way to understand the world we live in, but we need to recognise that capital is a powerful machine or organism, and a highly dysfunctional one at that, following its own mad laws of development, and for whom humanity is no more than an appendage. Nobody actually “runs” the system, certainly not the G20 leaders, or the so-called ‘Masters of the Universe’ on Wall Street. It’s the system that runs them! Come and take part in a discussion on the value-based analysis of capital today and what it means for the future of humanity.


More details:


Posted here by Glenn Rikowski

The Flow of Ideas: