Capitalism's rate of decay ( Communication)

[Ian Murray]

> Brad defined that moment, paraphrasing Mandel, as taking shape in
the
> postwar world. Marx (and Althusser) said that the industrial
revolution is
> actually more like it--ie labor does not own or set in motion the
means of
> production (in a mundane sense) at this point. Open-ended skepticism
is
> probably to the point in this circumstance. (ie. an empirical
argument about
> when capital really became capital). Else, you're left with a kind
of hollow
> messiansism a la' Derrida--ie the end of capitalism is "to come" but
you
> don't know when, etc.  Of course, there are also lots of practical
> messianisms at play here also, but with huge swathes of India and
Africa (to
> take two non-random examples) yet un- or under-proletarianized, it's
hard to
> see how capital might have reached its zenith or to be significantly
more at
> risk as a system now than, say, 30 or 40 years ago.
>
> Christian
============
Who was the first to use the term 'capital'?

No googling.....:-)

Ian