background preloader

Capitalism Is The Crisis (Full Movie)

Capitalism Is The Crisis (Full Movie)
Related:  economics (drafts)

Watch Free Documentaries Online | Documentary Heaven 2 - brizilian "economic miracle" & family wage 3 - Two jobs & no overtime 4 - Marx & The falling rate of profit Tendency of the rate of profit to fall The tendency of the rate of profit to fall (TRPF) is a hypothesis in economics and political economy, most famously expounded by Karl Marx in chapter 13 of Das Kapital, Volume 3. The existence of such a tendency was generally accepted in the 19th century.[1] Economists as diverse as Adam Smith,[2] John Stuart Mill,[3]David Ricardo[4] and Stanley Jevons[5] noticed an empirical trend for the rate of return on capital invested in industrial production to decline. They differed in their opinion about why this might be the case. There exists a very large academic literature on the TRPF nowadays, but there is no overview work available which considers all the different arguments that have been put forward by scholars.[8] In official economics, there does exist a law of diminishing returns, but the idea that there could exist a systemic (endogenous) tendency in capitalist industries toward a fall in average profitability is rejected. [edit] Marx's argument[edit] Transformation problem[edit]

5 - Marx on not becoming your job Positive Liberty John Creighton wrote:As was mentioned above, the idea is not unique to communism but I just happened to stumble across a relevant quote by Marx. From 1: [II. 1. Preconditions of the Real Liberation of Man] [...] We shall, of course, not take the trouble to enlighten our wise philosophers by explaining to them that the …liberation" of man is not advanced a single step by reducing philosophy, theology, substance and all the trash to …self-consciousness" and by liberating man from the domination of these phrases, which have never held him in thrall. Nor will we explain to them that it is only possible to achieve real liberation in the real world and by employing real means, that slavery cannot be abolished without the steam-engine and the mule and spinning-jenny, serfdom cannot be abolished without improved agriculture, and that, in general, people cannot be liberated as long as they are unable to obtain food and drink, housing and clothing in adequate quality and quantity.

The German Ideology Karl Marx. The German Ideology. 1845 Part I: Feuerbach. Opposition of the Materialist and Idealist Outlook The Illusions of German Ideology As we hear from German ideologists, Germany has in the last few years gone through an unparalleled revolution. All this is supposed to have taken place in the realm of pure thought. Certainly it is an interesting event we are dealing with: the putrescence of the absolute spirit. If we wish to rate at its true value this philosophic charlatanry, which awakens even in the breast of the honest German citizen a glow of national pride, if we wish to bring out clearly the pettiness, the parochial narrowness of this whole Young-Hegelian movement and in particular the tragicomic contrast between the illusions of these heroes about their achievements and the actual achievements themselves, we must look at the whole spectacle from a standpoint beyond the frontiers of Germany. 1. A. Ideology in General, German Ideology in Particular [3. [4.

6 - keeping down the cost of subsistence in capitaliwm