Capitalism's Fatal Flaw, and the Way Forward: ‘Workers’ Capitalism’

Saturday, July 30, 2022

‘Workers’ Capitalism’ – Marx’s Model in Capital III.

‘Workers’ Capitalism’ – Marx’s Model in Capital III.

Dear Reader,

The ‘dialectogram’ pasted-in below represents our visualization of a key but little-mentioned component in Marx’s systematic dialectic of the capitalist system, set forth by Marx in a passage on page 440 of the 1967 New World paperback edition of Marx’s Capital, volume III, in its Chapter XXVIII, entitled “The Role of Credit in Capitalist Production”.

This passage states as follows –

“The co-operative factories of the labourers themselves represent within the old form the first sprouts of the new, although they naturally reproduce, and must reproduce, everywhere in their actual organization all the shortcomings of the prevailing system. But the antithesis between capital and labour is overcome within them, if at first only by way of making the associated labourers their own capitalist, i.e., by enabling them to use the means of production for the employment of their own labour.”

“They show how a new mode of production naturally grows out of an old one, when the development of the material forces of production and of the corresponding forms of social production have reached a particular stage. …”

The view of producers’ cooperatives stated by Marx above is set for ‘institution-ization’ per that aspect of the draft statutes and constitutional amendments that we are proposing for the non-violent, rule-of-law-based, electoral ‘revolutionary reform’ -- transitioning [state-]capitalism into ‘equitist political-economic democracy’ -- that we have termed the newly-recognized human right, and the new “individual property” right, of ‘Citizen Stewardship Equity’.

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www.dialectics.info .

For F.E.D. books, and for partially pictographical, ‘poster-ized’ visualizations of many of our hypotheses -- specimens of ‘dialectical art’ -- see: