Prof. Radhika Desai: On her latest book about capitalism, pandemic & war.

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We interviewed Prof. Radhika Desai on her latest book "Capitalism, Coronavirus and War: A Geopolitical Economy." Her book is available open access, and free to download. Here is the link.

https://www.routledge.com/Capitalism-...

In this video, we asked Prof. Desai what her book reveals about our understanding of capitalism. By building further on the Marxian understanding of capitalism as a process of contradictory value production and realization, she argues that the neoclassical framework of seeing the economy as a separate sphere, especially without contradictions, is incapable of explaining the realities that surround us. Her claim is that Marx has a lot more to offer, in terms of helping us understand our political economy better. We also asked her what her idea of neoliberalism is, to which she offered us four critical pillars to understand- a devaluation of production and an overvaluation of financial assets as a reaction to crises of overproduction being the core of it. We pressed her further on whether she is quick to see the demise of capitalism, to which she offered a qualified answer, although she seems to reaffirm that the way out of neoliberalism has to be some marching towards a socialistic political economy, one way or another. Finally, we went back and forth about whether China is socialist, capitalist, or a mixed economy. Do take a look at the entire video and leave your feedback in the comment section. Thank you.

About the author: Dr. Radhika Desai is Professor at the Department of Political Studies, and Director, Geopolitical Economy Research Group, University of Manitoba, Winnipeg, Canada. She is the author of Geopolitical Economy: After US Hegemony, Globalization and Empire (2013), Slouching Towards Ayodhya: From Congress to Hindutva in Indian Politics (2nd rev ed, 2004) and Intellectuals and Socialism: ‘Social Democrats’ and the Labour Party (1994), a New Statesman and Society Book of the Month, and editor or co-editor of Russia, Ukraine and Contemporary Imperialism, a special issue of International Critical Thought (2016), Theoretical Engagements in Geopolitical Economy (2015), Analytical Gains from Geopolitical Economy (2015), Revitalizing Marxist Theory for Today’s Capitalism (2010) and Developmental and Cultural Nationalisms (2009).

She is also the author of numerous articles in Economic and Political Weekly, International Critical Thought, New Left Review, Third World Quarterly, World Review of Political Economy and other journals and in edited collections on parties, political economy, culture and nationalism.

With Alan Freeman, she co-edits the Geopolitical Economy book series with Manchester University Press and the Future of Capitalism book series with Pluto Press.

She serves on the Editorial Boards of many journals including Canadian Political Science Review, Critique of Political Economy, E-Social Sciences, Pacific Affairs, Global Faultlines, Research in Political Economy, Revista de Economía Crítica, World Review of Political Economy and International Critical Thought.

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