John Bellamy Foster: Use Value, Exchange Value and the Communication Revolution – IAMCR Dublin 2013

John Bellamy Foster speaking at the IAMCR conference in Dublin. Foster discusses the issues of finacialisation and the ‘communication revolution’. Of particular interest to this blog is his discussion of the privileging of exchange value over use value; something this blog maintains is intrinsic to the Irish housing bubble and ideology surrounding it and is a central plank  to research being carried out by the author into the media and the financial crisis in Ireland.