The Limits to Capital (Midway Reprint)

On its first appearance, David Harvey’s The Limits to Capital was widely praised as an exciting and insightful exposition and development of Marx’s critique of political economy. This new edition, with a new introduction by the author, links a general Marxian theory of financial and geographical crises with the turmoil now being experienced in world markets since the great East Asian crash.In his analysis of ‘fictitious capital’ and ‘uneven geographical development’, Harvey takes the reader step by step through layers of crisis formation, beginning with Marx’s controversial argument concerning the falling rate of profit, moving through crises of credit and finance, and closing with a timely analysis of geopolitical and geographical considerations.Recently referred to by Frederic Jameson as a ‘magisterial work’, The Limits of Capital provides one of the best theoretical guides to the contradictory forms found in the historical and geographical dynamics of capitalist development.