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Reflection Exercise 3 IS NOT from the Workbook, but it draws from the Workbook and Text readings and class lecture & video.

The following Reflection prompt is different from the Reflection exercise after Marx’s reading in the Workbook.

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After reading “The Communist Manifesto” in the Workbook and viewing the required video (RSA by David Harvey),

1) According to Marx/Engels in the Workbook, how do capitalism and the bourgeoisie (boor-zhwah-zee ) produce the capitalist system’s own grave-diggers?

2) What is “systemic risk,” according to David Harvey?  [Note: This is different from a capitalist understanding of investment risk.  Systemic risk involves a flaw in the system.]


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