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Class 06 - Vol 3, Chapters 21-26

Reading Marx's Capital Volume 2 (audio)

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The Complexities of Interest-Bearing Capital and Capitalist Economies

The chapter delves into the intricate relationship between interest and profit, discussing their distinct roles and the essential function of money capital in the economy. It explores how the balance between interest and surplus value creation impacts the capitalist class, labor relations, and potential crises. The chapter also touches on wages of superintendence, management roles in cooperative enterprises, and Marx's critique of capitalists paying themselves through various company roles.

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