Capitalism’s
Fatal Flaw --
defined in a single sentence.
GLOBAL STRATEGIC HYPOTHESES.
Dear Reader,
The “self-expanding value” # ‘self-contracting
value’ self-contradiction of the capitalist system is difficult to delineate in
detail.
Marx thought that he could do full justice to that job only via six thick multi-volume treatises –
1. Capital
2. Landed Property
3. Wage-Labor
4. the State
5. Foreign Trade
6. World
Market and Crises.
However, at the opposite pole
of complexity, it is also sometimes helpful to have some summary
simplicity.
Between the two, one can form
a better view of the whole.
So, here is a single sentence
summary of the fatal flaw of the capitalist system, that drives it to its own self-«aufheben»
self-negation, or to “the mutual ruin of the contending classes”, or to messy
mixtures of both –
Capitalism’s fatal flaw is this:
once higher industrial productivity is achieved by a critical preponderance, in
mass and in value, of fixed capital means of production over other forms of
industrial capital, each increment of further growth in industrial productivity
– in productive force – subtracts more capital, due to obsolescence, than it
adds, by profits reinvestment, negating profitability when resulting losses to fixed
capital-value are subtracted from gross industrial profits, accounting period after
accounting period, causing, at first, secular decline in the general rate of
profit, and provoking a worldwide catastrophic response by owners of the largest
concentrations of industrial and banking capital.
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information regarding these
Seldonian insights, and to read and/or download, free
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¡ENJOY!
Regards,
Miguel
Detonacciones,
Elected Member, F.E.D. General Council;
Participant, F.E.D. Special Council for Public Liaison;
Officer, F.E.D. Office of Public Liaison.
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your comments on this blog-entry below!
SOLUTION –
‘Equitist Political-ECONOMIC
DEMOCRACY’;
BOOK:
MARX’S MISSING BLUEPRINTS
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