Capital's Double Consciousness

In this episode of Anti-Capitalist Chronicles, Prof. Harvey continues his discussion of Brad DeLong’s new book, "Slouching Towards Utopia," in which DeLong notes the contradiction between an emerging middle class over the last century through technological innovation and stagnant levels of happiness. To explain this dilemma, Harvey looks closer at how these technological advancements shape labor and function under capitalism. He argues that the purpose was never to lighten the load of labor, it was solely to increase profitability. Therein lies the central contradiction of capitalism: capital is great at creating new products, ideas, possibilities, and lifestyles, but it simultaneously produces alienation. It is no wonder that there is a deep dissatisfaction with our society. Alienation is a natural byproduct of capitalism when the ever-growing advancements are designed to produce more surplus rather than improve working people's lives.