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Given that the advancement of M:L is the foundation of all material progress and thus social progress for Marx, proving that capitalism retards M:L is all the proof Marx needed that capitalism was becoming obsolete. The alternative to replacing capitalism would be for its ever-present crisis to drag humanity back to barbarism, destroying the gains that capitalism itself had created.
Marx's precise workings-out, with their reliance on a customized version of the dialectic method Marx salvaged from Hegel, resist summarization. However, the important sections come in Capital Volume 3, particularly in Part 3 - The Law of the Tendency of the Rate of Profit to Fall...
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Common topics in this essay:
- Marx View On Capitalism
- Crisis And Capitalism
- Karl Marx Capitalism
- Marx's theory on the fall of Capitalism
- Explain Marx's general account of social and political change, illustrate it with examples drawn from the transition between particular historical epochs ? e.g the change from Feudalism to Capitalism or from capitalism to socialism
- Explain and assess Marx's claims that the capitalist extracts ?surplus value' from his/her labourers, and that this constitutes exploitation.
- Marx and Weber in Perpetuating Capitalism
- What does Marx mean by alienation? Do you find his account convincing?
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- Marx's Critique Of Capitalism
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