Anti-Capitalist Chronicles: US Labor - Supply vs. Demand

[S4 E06] US Labor - Supply vs. Demand In this episode of Anti-Capitalist Chronicles, Prof. Harvey looks at the conditions of labor in the US today: the supply and demand as well as the characteristics capital requires from its labor force. If those characteristics are not met, Harvey explains, or can be met for a cheaper wage, capitalists will often seek it out in other countries. This parasitic nature results in an underinvestment and underdevelopment of resources such as health care and education for the domestic workforce. Instead, Harvey argues that we must utilize the surplus labor and surplus capital in the US in order to create a society in which basic needs are met and towards productive work with a social purpose. David Harvey's Anti-Capitalist Chronicles is a ‪@democracyatwrk‬ production. To our supportive and generous Patreon community: thank you for supporting this podcast. Your contributions help us compensate the staff and workers it takes to put each episode together. Thank you for being part of the ACC team! If you would like to support this project and see more of Prof. Harvey, visit us at www.patreon.com/davidharveyacc. David Harvey's new book "Anti-Capitalist Chronicles" available at plutobooks.com __________________________________________________________________________ References: Apologies to the Iroquois by Edmund Wilson: https://us.macmillan.com/books/978037... Why Marx Was Right by Terry Eagleton: https://bookshop.org/books/why-marx-w... __________________________________________________________________________ Check out the NEW 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff! www.democracyatwork.info/books “Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.” Check out all of d@w’s books: "The Sickness is the System," "Understanding Socialism," by Richard D. Wolff, and “Stuck Nation” by Bob Hennelly http://www.lulu.com/spotlight/democra... __________________________________________________________________________ Follow us ONLINE: Website: www.democracyatwork.info Patreon: www.patreon.com/davidharveyacc Facebook: www.facebook.com/democracyatwrk Twitter: www.twitter.com/democracyatwrk www.twitter.com/davidharvey Instagram: www.instagram.com/democracyatwrk Daily Motion: www.dailymotion.com/democracyatwrk Shop our Union Coop-Made Merch: www.democracy-at-work-shop.myshopify.com Visit our books page: www.democracyatwork.info/books