[lbo-talk] Crisis of overaccumulation?

James Heartfield Heartfield at blueyonder.co.uk
Sat Feb 6 07:59:51 PST 2010


Here's my article criticising contemporary Marxist crisis theory

'A Crisis of Underaccumulation

Capitalist profits have been falling, but not for the reasons that Marx said they would, says James Heartfield: it is not the objective laws of capital accumulation that are a barrier to growth today, but the subjective retreat of the capitalist class from industrial growth' Read more: http://www.metamute.org/en/a_crisis_of_under_accumulation



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