The Dynamics of Capitalism: Concentration, Centralization, and Technological Impact

This chapter explores how the interplay of concentration and centralization of capital impacts the labor market, leading to increased control over labor and the repulsion of individual capitals. It also delves into the role of technological advancements in reducing the demand for labor, resulting in a surplus population and high exploitation rates. Marx's critique of Malthus's theory of population and poverty is discussed, emphasizing the concept of a disposable industrial reserve army essential for capitalist accumulation.