
Class 08 - Vol 2, Chapters 12-14
Reading Marx's Capital Volume 2 (audio)
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Intro
This chapter delves into the complexities of how capital invests in fixed capital to reduce turnover times, uncovering the conflicting temporal and spatial dynamics that can fuel crisis tendencies. It explores the challenges of maintaining continuous use of long-lasting fixed capital amidst technological advancements that could lead to premature obsolescence, causing moral depreciation and potential crises in capital investment.
Transcript
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