Reappraising value of money in capitalism
- Reconciling conflicting roles of commodities in capitalism
Claim
Marx predicted that capitalism would become a global phenomenon, but he never satisfactorily resolved the theoretical (but highly political) conundrum at the heart of his analysis of capitalism: by what precise mechanism would his economic model, which predicted a falling rate of profit and growing crisis, become reality? He would have been puzzled and disoriented by the course of 20th-century history, but the philosopher and political scientist in him would have insisted on beginning a new analysis of contemporary capitalism and its contradictions.
Broader
Narrower
Facilitated by
Problem
Value
Reference
SDG
Metadata
Database
Global strategies
Type
(G) Very specific strategies
Subject
- Commerce » Money
- Industry » Commodities
- Value redistribution » Value redistribution
Content quality
Yet to rate
Language
English
Last update
Dec 3, 2024