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Karl Marx’s ”Capital” Vol. 3 (Part 2/10)

Theory & Philosophy

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Inflation Is the Big Joke of Capitalism

If the price of oil goes up, you're going to have the price of a all other goods go up. And so employers are ostensibly going to raise their wages. But according to adam smith and other political economists, they will. They're going to raise wages so that their workers can actually get the necessities they need in order to return to work next day as good productive agents. Now this isn't me saying that capitalism can be saved, at least not according to how i understand marks here. It also just feeds into the idea that marks is putting forward, that capitalists are quite bad at doing capitalism. By being interested solely on your own interest, or your own well being, your

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