The Alibi of Capital: A Book Talk with Timothy Mitchell and Adam Tooze
What are the origins of capitalism and extraordinary wealth?
Today, extreme wealth seems to arrive from nowhere. The trick of conjuring this unearned wealth is a peek into why the catastrophe of climate collapse is upon us: value is created by consuming the future.
In his book, "The Alibi of Capital: How We Broke the Earth to Steal the Future on the Promise of a Better Tomorrow," Timothy Mitchell explains how capitalism came about through the imperial expansion of the West and identifies the forms of capitalization, credit, and coercion that turn prospective assets into present income.
Join the Committee on Global Thought for a book talk with Timothy Mitchell, William B. Ransford Professor of Middle Eastern, South Asian, and African Studies, and Adam Tooze (Moderator), Chair of the Committee on Global Thought.
