Monthly Archives: May 2012

Part 5

Part 5: Marxism and the Great Recession Once Marx has explained how the movement in the rate of profit is the mainspring of economic crisis (Chapter 3.7), he can introduce the ancillary factors that play their role in preparing for … Continue reading

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Part 4

Part 4: Capitalism and finance The previous Part dealt mainly with the production of surplus value, the accumulation of capital and the tendency for the capitalist system to go into crisis. The counterparts to these processes in the ‘real’ economy … Continue reading

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