The spontaneity of capitalism

To commemorate the Centenary year of the October Revolution, SAHMAT is organizing a series of 4 lectures to be delivered by Professor Prabhat Patnaik. This one is third in the series. Renowned Marxist thinker and economist Patnaik in this lecture on “Spontaneity of Capital”, characterized the post-War period as a temporary restructuring of capitalism, forced on to it due to a serious communist threat. He goes on to talk about policies of Thatcher and Reagan, Centralization of capital, inter-imperialist rivalry, globalization, and its impact across the world.