Capitalist Crises

Some articles on crises, capitalists, capitalist:

Law Of Value - Law of Value in Capitalism - Law of Value and Crises
... In serious economic crises, Marx suggests, the structure of market prices is more or less suddenly readjusted to the evolving underlying structure of production values ... According to Marx, the basic meaning of crises for capitalists was, that they could not longer invest their capital at an adequate profit income, which usually ... For workers, crises meant an increase in unemployment, and wage-cuts ...
Socialist Economics - History of Socialist Economic Thought - Das Kapital
... how commodity fetishism obscures the reality of capitalist society ... as the branching point in economic theory in one direction went those who rejected the capitalist system as fundamentally anti-social, arguing that ... important statements The Law of Value Capitalist production is the production of “an immense multitude of commodities” or generalised commodity production ...

Famous quotes containing the words crises and/or capitalist:

    I am not fooling myself with dreams of immortality, know how relative all literature is, don’t have any faith in mankind, derive enjoyment from too few things. Sometimes these crises give birth to something worth while, sometimes they simply plunge one deeper into depression, but, of course, it is all part of the same thing.
    Stefan Zweig (18811942)

    It has to be acknowledged that in capitalist society, with its herds of hippies, originality has become a sort of fringe benefit, a mere convention, accepted obsolescence, the Beatnik model being turned in for the Hippie model, as though strangely obedient to capitalist laws of marketing.
    Mary McCarthy (1912–1989)