World of LenidzkyReadings: Capital II, ch. 20 (sections 6-13), 21 Returning to a point I have made multiple times, the implication of Marx’s theory in Capital is that the anarchic capitalist system needs to be replaced with an egalitarian, planned economy. His project is to render visible all of the hidden and ignored inefficiencies in capitalism so […]
Readings: Capital II, ch. 15-17 “If we were to consider a communist society in place of a capitalist one, then money capital would immediately be done away with, and so too the disguises that transactions acquire through it. The matter would be simply reduced to the fact that the society must reckon in advance how […]
Readings: Capital III, ch. 36, 27-32 I have yet to find a place in Volume III where Marx explicitly defines fictitious capital. This may be a result of the unfinished nature of Part Five of this volume, or an oversight on my part. The closest I have found is his reference to fictitious capital as […]
World of Lenidzky 