Part Seven: The Process of Accumulation of Capital
In Part Seven, Chapters from 23 to 25, Marx explores the ways in which profits are used to recreate capitalist class relations on an ever expanding scale and the ways in which this expansion of capitalism creates periodic crises for capitalist accumulation. For Marx, these crises in accumulation are also always crises in the perpetuation of the class relations necessary for capitalist production and so are also opportunities for revolutionary change.
Read more about this topic: Capital, Volume I
Famous quotes containing the words process, accumulation and/or capital:
“Yet I doubt not through the ages one increasing purpose runs,
And the thoughts of men are widened with the process of the suns.”
—Alfred Tennyson (18091892)
“Every political system is an accumulation of habits, customs, prejudices, and principles that have survived a long process of trial and error and of ceaseless response to changing circumstances. If the system works well on the whole, it is a lucky accidentthe luckiest, indeed, that can befall a society.”
—Edward C. Banfield (b. 1916)
“Self-esteem evolves in kids primarily through the quality of our relationships with them. Because they cant see themselves directly, children know themselves by reflection. For the first several years of their lives, you are their major influence. Later on, teachers and friends come into the picture. But especially at the beginning, youre it with a capital I.”
—Stephanie Martson (20th century)