[lbo-talk] New Imperialism or New Capitalism?

[Charles Brown]

What about the fact that in Vol. II of _Capital_, Marx characterizes
capitalist accumulation as accumulation of money,i.e. finances, not capital
-  M-C-M', not C-M-C' ?  Not ownership of variable and constant capital in
the form of control of material activity in the form of labor power
expressed or means of production, but of filthy lucre ?

 

 
CB
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