What kind of capital? Productive? Financial? If the latter, the contradictions between real and fictitious capital can become debilitating, as expansion can mean simply bubbling.
> Not necessarily. It's the return on past investment. That return can be reinvested, hoarded, or consumed.
>
Or bubbled.
There was much confusion in the ranks of some Marxists (names available upon request) who believed that a revival of superficial profitability (failing to discount financial fluff) from the mid-1980s through 2007 meant there was no 'crisis' in the Marxian sense. Phew, did they get that wrong.
Cheers, Patrick