For many the Great Depression represents the first and most devastating crisis in capitalism's history. How did it come about about? How did it change both the lives of ordinary people and capital accumulation? Was the Great Depression to be a model for future capitalist crises occurring in cycles, or a singular event producing a unique configuration of consequences?
Gareth Dale is Reader in Political Economy at Brunel, University of London. He joins Chris Saltmarsh and Dillon Wamsley to discuss how the ideas of Karl Polanyi can help us understand the 1930s Great Depression in the longer history of crisis and capitalism.
Crisis Point is a limited series introducing the political economy of capitalist crises, providing historical and theoretical rigour to discourses around crisis in the present.
Recommended reading:
1) Karl Polanyi (1944), The Great Transformation
2) Gareth Dale (2010) Karl Polanyi: The Limits of the Market
This episode is produced by the SPERI Presents… committee, including Remi Edwards, Chris Saltmarsh, Frank Maracchione, Emma Mahoney, Dillon Wamsley and Andrew Hindmoor. This episode was edited by Chris Saltmarsh and Dillon Wamsley. Music and audio by Andy_Gambino. Hosted on Acast. See https://acast.com/privacy for more information.
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