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cryptocurrency

The Bitcoin Life Raft or the Terra Firma Society?

Bitcoin has acted as an index of uncertainty since its inception. It was born out of the financial crisis of 2007-09 with a message embedded in the genesis block referencing the instability of the financial system: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” As the financial systems of the imperialist countries […]

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Marx's Capital

Capital Volume I: Class 9

Reading: Capital I, ch. 15, sections 5-10 In class 8, on the first part of chapter 15, Harvey focused considerable attention on footnote 4, on pages 493-4. This footnote contains important theoretical material that situates Marx’s discussion of the technology of large-scale industry in his theory of historical materialism. In order to be succinct, I […]