The Debate Over Accumulatio Spatial Fix

Capitalism is one of the most talked about subjects today by many economic geographers and how much commotion it can cause. Capitalism has been debated since its invention so many years ago. Capitalism is crisis prone and truly only works because it is so dependent on crisis. Capitalism is based on the theory of boom and bust cycle and creates outwards of flow during a boom and causes many jobs to be lost during a bust. David Harvey mentions in his article about the dependency on crisis for capitalism to work and how much it needs them to survive. “The circulation of capital is unstable. It embodies powerful and disruptive contradictions that render it chronically crisis-prone” (Harvey 131). The system has to expand and make goods better and more valuable for capitalism to grow. Over …show more content…
Marx believed that transportation and communications will fix everything and annihilate space with time. Harvey argues that the only way to have spatial fix is to lend trade credit to a country and have them import the item that a certain country has over accumulation and cannot get rid of the item. However, with space a company can lose the control of the area and the strict eye it has on the production. A company can start a company on a colony and major issue would become that the workers can move freely and the supply chain breaks down. The second part of that would be the fact that export costs start going up and the colony can no longer achieve their goal of demand (Harvey 154). Excess capital and labor power would have to both be put into creating new productivity the surpluses are bound to be valued for a longer period of time. Basic investment in companies would prolong the possible crisis and a healthy economy helps the potential for a rising demand that consumers can