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Class 01 - Introduction

Reading Marx's Capital Volume 2 (audio)

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The Coercive Laws of Competition

Coercive laws of competition play a very important role in the chapter on the length of the working day, because that is what forces capitalists. Forces them to a politics of what marx calls apre mois le deluge. If i have a better technology than you, then it's the coercive laws of competition that force you to adopt my technological and organizational form. And it is competition between entrepenes forcing them. In the general law of capital accumulation, the coercive lawsof competition become important. Without the coercive laws Of Competition, the whole system would not work.

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