[lbo-talk] Marx on profits

Eric rayrena at realtime.net
Tue Nov 27 09:35:58 PST 2007



>Yeah. Countervailing tendencies. Increased exploitation, cheapening
>of capital goods, foreign trade, growth in stock capital. It's mostly
>worked, at least until now.

Yes. This is more or less Deleuze and Guattari's reading of Marx's FROP, in Anti-Oedipus, which is why it is superior to the work of a thousand and one econobots. They saw the FROP as the expression of capital's endless ability to go beyond its own limits, to set new limits that it must again surpass. "What capital deterritorializes with one hand it axiomatizes with the other."

It's funny that a couple of alleged postmodern aesthetes saw capital in a clearer light than most Marx-imitating political economists.



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