We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.
We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.
from Part II - The Capitalist Mode of Production
Published online by Cambridge University Press: 05 May 2013
At this stage, and taking into account the highly abstract nature of Marx's discussion of reproduction and accumulation in Capital, Vol. II, it may seem that we do not know very much more about the material conditions which are said to compel capitalist accumulation than we already knew following Marx's discussion of this in Vol. I. However, I want to suggest that this is not the case and that, in point of fact, we actually do know quite a bit more than we did before, of which the following may be said to be the most important points:
(i) There must be an equilibrium between the supply and demand of DI and DII for means of production and means of consumption if simple reproduction is to take place.
(ii) There must nevertheless be a disequilibrium of some kind within the system of production if reproduction on an extended scale is to take place.
(iii) Simple reproduction is always a part (and Marx's says the most important part at that) of all annual reproduction on an extended scale.
(iv) That therefore, the disequilibrium necessary for reproduction on an extended scale to take place must always be brought back into equilibrium before simple reproduction on an extended scale can take place.
[…]
To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.
Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.
Find out more about the Kindle Personal Document Service.
To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.
To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.
