Karl Marx’s ”Capital” Vol. 3 (Part 4/10)
Theory & Philosophy
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The Lender and the Capitalist Are Antithetical to One Another
The capitalist can take on this kind of dual role, as a capitalist in production and as somebody paying themselves interest. This shows the extent to which the entire process of capitalist accumulation is really just the accumulation of compound interest. And so despite the fact that there is so much technology pointing to automation, many industries still seek out cheap labor over seas. So i don't think we fully grasped how globalization would affect this process,. At least we don't get that it's not all about capital here."
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