Sometimes brevity is of value, even with respect to extraordinarily complex issues.
Below, I have provided an extremely brief summary description of the fatal flaw of the capitalist system.
Of course, to be so brief, it must eschew explaining the "why" and the "how" of the fatal flaw that it summarizes.
Hopefully, the previous posts to this blog, for their readers, and the posts to this blog that are to come, will adequately address those more detailed questions and explanations.
Regards,
Miguel
THE FATAL FLAW OF THE CAPITALIST SYSTEM --
The growth of the social forces of production -- of social productivity -- which capital initially fosters, is net profitable for Capital, initially, but, later on, it begins to literally destroy Capital itself, as that growth continues and deepens.
Hence, Capital then turns against, and begins to attack and to destroy, the very prosperity, the very freedom, the very growth of the social forces of production, and the very working population, which Capital initially promoted, as a by-product of its quest for net profitability, for self-financing re-investment of profit, and for its own expansion/accumulation/growth.
No comments:
Post a Comment