Bernie Gunther
Fundamentalist Druid
There's a very interesting footnote in ch25 of Capital.
edited to add: I've just been reading Capital ch 25 over again, to make sure that it says what I think it does. It seems pretty clear to me that Marx is making a very strong case that over-production, over-population and over-consumption are inherently part of capitalism. Does anyone know of a convincing argument against his position? Or an alternative interpretation of what he's saying about accumulation that doesn't have these consequences?
In this footnote and above in the main body of the chapter where he's talking about the reserve army of surplus labour, Marx seems to be saying that there is an inherent tendency in capitalism that produces most of the fundamental qualities we'd recognise as being unsustainable. I'm sure there are plenty of people here better qualified than I to expand on this point.[17] Malthus, "Principles of Political Economy," pp. 215, 319, 320. In this work, Malthus finally discovers, with the help of Sismondi, the beautiful Trinity of capitalistic production: over-production, over-population, over-consumption — three very delicate monsters, indeed.
edited to add: I've just been reading Capital ch 25 over again, to make sure that it says what I think it does. It seems pretty clear to me that Marx is making a very strong case that over-production, over-population and over-consumption are inherently part of capitalism. Does anyone know of a convincing argument against his position? Or an alternative interpretation of what he's saying about accumulation that doesn't have these consequences?