2012•Guihai TribuneRequires access

A Tentative Comment on Harvey's Theory of Time-Spatial Fix

Chen Shu-qiong

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Abstract

One of reasons why capitalism is still vigorous after having gone through many financial crises is because the tactic of time-spatial fix is adopted.The tactic of time-spatial fix was often used for addressing the crisis of capital accumulation although it played a destructive role in the history of capital accumulation.Financial capital will be on course to overcome the crisis and contradiction and generate new ones.As a result,instead of finally solving the problem of over accumulation,several tactics of time-spatial fix aggravated further basic contradiction of capitalism.

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One of reasons why capitalism is still vigorous after having gone through many financial crises is because the tactic of time-spatial fix is adopted.The tactic of time-spatial fix was often used for addressing the crisis of capital accumulation although it played a destructive role in the history of capital accumulation.Financial capital will be on course to overcome the crisis and contradiction and generate new ones.As a result,instead of finally solving the problem of over accumulation,several tactics of time-spatial fix aggravated further basic contradiction of capitalism.

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Available abstract

One of reasons why capitalism is still vigorous after having gone through many financial crises is because the tactic of time-spatial fix is adopted.The tactic of time-spatial fix was often used for addressing the crisis of capital accumulation although it played a destructive role in the history of capital accumulation.Financial capital will be on course to overcome the crisis and contradiction and generate new ones.As a result,instead of finally solving the problem of over accumulation,several tactics of time-spatial fix aggravated further basic contradiction of capitalism.

Key concepts: Contradiction, Capitalism, Capital (architecture), Neoclassical economics, Financial crisis, Economics, Economic system, Positive economics

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