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David Harvey's Anti-Capitalist Chronicles
David Harvey reflects on the challenges of addressing inflation and wage repression in the U.S., especially for the 50% of the population struggling to live on $30,000–$40,000 a year. He critiques the Democratic Party's failure to focus on the economic needs of this group, emphasizing that inflation, despite slowing, continues to affect them due to stagnant wages and rising price levels. Harvey advocates for a political program centered on wage augmentation, similar to recent union-negotiated wage increases, as a means to address economic instability. He highlights that tackling income inequality could create a more stable economic future, contrasting this approach with the instability of current political dynamics, particularly Trumpism. Stay connected with the latest news from Politics in Motion. Join our mailing list today: https://www.politicsinmotion.org David Harvey's Anti-Capitalist Chronicles is co-produced by Politics in Motion. Politics In Motion is a nonprofit organization founded in May 2023 by Prof. David Harvey and Prof. Miguel Robles-Durán, along with Dr. Chris Caruso, instructional technologist, and noted writer and art curator Laura Raicovich. Our anti-capitalist media platform offers piercing insights and thought-provoking analyses on political, social, spatial, cultural, environmental and economic issues through a range of engaging mediums, including YouTube streams, podcasts, and live events. If you would like to support this project and see more of Prof. Harvey, visit us at: https://patreon.com/PoliticsinMotion _______________________________________________________________ David Harvey's lastest book "A Companion to Marx's Grundrisse" (Verso): https://www.versobooks.com/products/2930-a-companion-to-marx-s-grundrisse _______________________________________________________________ Follow Politics in Motion: Website: https://www.politicsinmotion.org Patreon: https://patreon.com/PoliticsinMotion YouTube: https://www.youtube.com/@PoliticsInMotion Instagram: https://www.instagram.com/politicsinmotion TikTok: https://www.tiktok.com/@politicsinmotion Twitter: https://twitter.com/politicsnmotion Facebook: https://www.facebook.com/people/Politics-in-Motion/100092557227878/ Threads: https://www.threads.net/@politicsinmotion Follow David Harvey: Website: http://davidharvey.org BlueSky: https://bsky.app/profile/davidharvey.org Twitter: https://twitter.com/profdavidharvey Mastodon: https://sciences.social/@DavidHarvey #Trump #wages #inflation #capitalism…