I'm giving a lecture at Occupy LSX

I hope this is not spam. I am giving a lecture at Occupy London on Friday at 4:30 at St Paul's on "Inequality and Crisis in Neoliberal Capitalism.**"

**It will be a Marxist analysis of how the neoliberal capitalism (in the UK and US) systematically and necessarily produces inequality and wage stagnation, and how this appears to be the long-term fate of advanced capitalism under globalization and financialization.

I'm sure you're also going to add that it is completely self-defeating to make some people so rich that they only spend a very small portion of their income/wealth and use the rest to increase their wealth, and to make most people so poor that they don't have any spending power to keep the economy going (whose mainstay is, and will always be, basic needs).

I still think that this is only a consequence of 'capitalism' (and I freely confess that I don't think the term is very meaningful) of the extent to which immoral behaviour is built into the theory, and that the vast majority of it is in practice just people doing things that are wrong. I do think, though, that 'economic' theories with an ethical vacuum are still to blame for that vacuum.

My interest in economics is very basic and I'm fairly ignorant about it, but I'm interested in these ethical dimensions.

Good luck with the talk, hope it goes well! I'll try to come along.