Most helpful critical review
10 of 11 people found the following review helpful
dissatisfying to Marxists uncompelling to non-Marxists
on February 22, 2013
David Harvey seems professorial and pedantic in his leisurely explanation of the various faults of capitalism. The argument of the book is basically a remix and rehash of his truly excellent "Limits of Capital" and his lectures on Marx's first volume of "Capital" but without the same academic rigor, citation, and desire for explication or elucidation. After the relatively informative first chapter we are left to take much at his word. As the work progresses Harvey deviates here and there into only peripherally related musings. For instance, an argument against Peak Oil, a haphazard account of Marx's conception of nature, and critique of Malthus appears in the chapter "Capital Goes to Work" which was supposed to explain how capital harnesses and coordinates labor. I was looking for a Marxist account of the financial collapse in 2008, a rigorous analysis of finance capital (the credit/banking system and its systemic weaknesses), and an overall picture of the contemporary economic situation in terms of political economy. In short, I wanted the 'enigma of capital' banished as promised. What I got was something akin to the moralizing rants of my Marxist sociology teacher in college: histrionic and poorly founded. But David Harvey doesn't even emerge as passionate and the performance is lacking. Perhaps this is meant to be a popular work, but I know that David Harvey is capable of much more. However, the question remains, if this is dissatisfying to me, someone favorable to Marxism, how can it hope be compelling to a hostile audience?