Policy@McCombs cover image

Lecture #3 Marxist Economics

Policy@McCombs

00:00

The Fatal Contradictions in Capitalism

Capitalism is based on three fatal contradictions. The social relations of production remain private, therefore control of production and the appropriation of profits remain private. Within the factory there is centralized planning of a systematic, almost, Prussian military order. Capitalism generates its own destruction.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app