The Limits to Capital
On its first appearance in 1982, David Harvey's Limits to Capital was described in Monthly Review as 'a unique and insightful theory of capital', and praised in Environment and Planning as 'a magnificent achievement, [one of] the most complete, readable, lucid and least partisan exegesis, critique and extension of Marx's mature political economy available.' This new edition links a general Marxian theory of financial and geographical crises with the incredible turmoil now being experienced in world markets. In his analyses 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 geo-political and geographical considerations. Recently referred to by Fredric Jameson in New Left Review as a 'magisterial work,' The Limits to Capital provides one of the best theoretical guides to the contradictory forms found in the historical and geographical dynamics of capitalist development.
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