
Class 13 - Conclusion
Reading Marx's Capital (audio)
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Navigating Blockages in Capitalist Society
The chapter explores the perpetual battle within capitalist society to remove blockages hindering the flow of capital, touching on technological choices, labor power, profit squeeze, and consumer demand. It discusses the strategic maneuvers and sometimes violent methods used in capitalist politics to prevent a crisis of devaluation. The interconnected aspects of capital, consumer demand, debt, state involvement, surplus absorption, and urbanization are analyzed, questioning the roles of consumer debt, credit systems, and state support in capitalism.
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