Recent Comments
MrEverpresent on The Law of Value 2: The Fetish… Westicle on Dialogue with Patrick Murray o… kapitalism101 on A Post-Capitalist Future-Not B… Westicle on A Post-Capitalist Future-Not B… kapitalism101 on A Post-Capitalist Future-Not B…
Tag Archives: depression
Falling Rate of Profit
The Falling Rate of Profit The financial world is a mysterious one. It appears that through trading stock, advancing credit, or swapping currencies profit can appear out of thin air- that is, money can be turned into more money just … Continue reading
Posted in Econ 303- Crisis
Tagged abstract, automation, bail-out, capital, capitalism, concrete labor, constant, crisis, depression, exchange, falling rate of profit, innovation, machines, marx, money, recession, sub-prime, surplus, technology, theory, underconsumption, value, variable, wages
13 Comments
Consume!
This video on consumption and underconsumption theory is part of a larger, ongoing set of videos about the nature of economic crisis in a capitalist society. Continue reading
Posted in Econ 303- Crisis
Tagged automation, capitalism, commercials, credit, crisis, depression, Exploitation, falling rate of profit, labor, labor theory of value, marx, marxism, money, overaccumulation, prices of production, recession, transformation problem, underconsumption, value
Leave a comment
Kapitalism101 