Theorists and policymakers from all directions and of all persuasions remain obsessed with the prospect of recovery. For mainstream economists, the key question is how to bring about such a recovery. For heterodox political economists, the main issue is whether sustained growth is possible to start with. But there is a prior question that nobody seems to ask: can capitalists afford recovery in the first place? If we think of capital not as means of production but as a mode of power, we find that accumulation thrives not on growth and investment, but on unemployment and stagnation. And if accumulation depends on crisis, why should capitalists want to see a recovery?

Jonathan Nitzan is a professor of political economy at York University in Toronto and co-author, with Professor Shimshon Bichler, of Capital as Power: A Study of Order and Creorder.

This event is free and open to all with no ticket required. Entry is on a first come, first served basis. For any queries contact Sandy Hager, email S.B.Hager@lse.ac.uk| or call 020 7955 7379.

From time to time there are changes to event details so we strongly recommend that if you plan to attend this event you check back on this listing on the day of the event.

Twitter and Facebook

You can get immediate notification on the availability of an event podcast by following LSE public lectures and events on Twitter|, which will also inform you about the posting of transcripts and videos, the announcement of new events and other important event updates. Event updates and other information about what's happening at LSE can be found on the LSE's Facebook| page.

Accessibility

If you are planning to attend this event and would like details on how to get here and what time to arrive, as well as on accessibility and special requirements, please refer to Coming to an event at LSE|. LSE aims to ensure that people have equal access to these public events, but please contact the events organiser in advance if you have any access requirements so that arrangements, where possible, can be made.

WIFI Access

LSE has now introduced wireless for guests and visitors in association with 'The Cloud', also in use at many other locations across the UK. If you are on campus visiting for the day or attending a conference or event, you can connect your device to wireless. See more information and create an account at Join the Cloud.|
Visitors from other participating institutions are encouraged to use eduroam|. If you are having trouble connecting to eduroam, please contact your home institution for assistance.
The Cloud is only intended for guest and visitor access to wifi. Existing LSE staff and students are encouraged to use eduroam| instead.

Whilst we are hosting this listing, LSE Events does not take responsibility for the running and administration of this event. While we take responsible measures to ensure that accurate information is given here (for instance by checking that the room has been booked) this event is ultimately the responsibility of the organisation presenting the event.