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:

    It is part of the nature of consciousness, of how the mental apparatus works, that free reason is only a very occasional function of people’s “thinking” and that much of the process is made of reactions as standardized as those of the keys on a typewriter.
    John Dos Passos (1896–1970)

    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)

    Imperialism is capitalism at that stage of development at which the dominance of monopolies and finance capitalism is established; in which the export of capital has acquired pronounced importance; in which the division of the world among the international trusts has begun, in which the division of all territories of the globe among the biggest capitalist powers has been completed.
    Vladimir Ilyich Lenin (1870–1924)