Finance Capital Archives - ROAPE
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Finance Capital Tag

In a debate on roape.net, David Harvey replies to John Smith’s critique of his work. Marxism, Harvey argues, must not start with concepts and then impose them on reality, but with the realities on the ground. To start with concepts, as does John Smith, is to engage in rank idealism. Harvey challenges what he describes as ‘Smith’s crude and rigid theory of imperialism.’...

Christopher Webb argues that while the South African state has increased social welfare to the poorest it has also facilitated the expansion of a predatory form of finance targeting those same people. Webb reveals how social grants and their delivery has facilitated the emergence of predatory forms of micro-lending that targets the poor....