Summary:
...there is, if you like, a third way between utopian communism on the one hand and technocratic tweaks on the other. It begins from the idea that ten years of stagnant productivity might mean we are now at the phase of capitalism that Marx foresaw: At a certain stage of development, the material productive forces of society come into conflict with the existing relations of production or – this merely expresses the same thing in legal terms – with the property relations within the framework of which they have operated hitherto. From forms of development of the productive forces these relations turn into their fetters. Stumbling and MumblingCapitalism as a fetterChris Dillow | Investors Chronicle
Topics:
Mike Norman considers the following as important: capitalism, Marxism, socialism
This could be interesting, too:
...there is, if you like, a third way between utopian communism on the one hand and technocratic tweaks on the other. It begins from the idea that ten years of stagnant productivity might mean we are now at the phase of capitalism that Marx foresaw: At a certain stage of development, the material productive forces of society come into conflict with the existing relations of production or – this merely expresses the same thing in legal terms – with the property relations within the framework of which they have operated hitherto. From forms of development of the productive forces these relations turn into their fetters. Stumbling and MumblingCapitalism as a fetterChris Dillow | Investors Chronicle
Topics:
Mike Norman considers the following as important: capitalism, Marxism, socialism
This could be interesting, too:
Joel Eissenberg writes Pete Hegseth knows nothing about Marxism
Peter Radford writes The Geology of Economics?
Dean Baker writes Capitalism and Democracy: The market is far more flexible than Christopher Caldwell imagines
Peter Radford writes AJR, Nobel, and prompt engineering
...there is, if you like, a third way between utopian communism on the one hand and technocratic tweaks on the other.
It begins from the idea that ten years of stagnant productivity might mean we are now at the phase of capitalism that Marx foresaw:Stumbling and MumblingAt a certain stage of development, the material productive forces of society come into conflict with the existing relations of production or – this merely expresses the same thing in legal terms – with the property relations within the framework of which they have operated hitherto. From forms of development of the productive forces these relations turn into their fetters.
Capitalism as a fetterChris Dillow | Investors Chronicle