Capital, Volume I - Part Seven: The Process of Accumulation of Capital

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:

    By Modernism I mean the positive rejection of the past and the blind belief in the process of change, in novelty for its own sake, in the idea that progress through time equates with cultural progress; in the cult of individuality, originality and self-expression.
    Dan Cruickshank (b. 1949)

    In societies where modern conditions of production prevail, all of life presents itself as an immense accumulation of spectacles. Everything that was directly lived has moved away into a representation.
    Guy Debord (b. 1931)

    The capital is become an overgrown monster; which like a dropsical head, will in time leave the body and extremities without nourishment and support.
    Tobias Smollett (1721–1771)