Professor David Harvey discusses in this talk why our current capitalism can’t be “fixed” to create a more socially responsible form of capitalism. He gives two main reasons. First, capital simply cannot afford to pay for the growing social and environmental costs of production, which therefore have to be borne by individuals. The second reason has to do with the growth imperative of capitalism. Harvey argues that there are no longer enough productive investment opportunities around to keep a sufficient growth rate going, which has led capitalists to invest more and more in property to be rented out (including “intellectual property” and land-grabbing in the Global South countries) and financial speculation, or what Marx calls “fictitious capital”. This, in turn, has led to more and more bubbles and even more concentration of wealth. Harvey goes on to draw some guidelines on how to go about overturning capitalism in the current situation.