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It's extremely disingenuous to act like these tendencies are new, or as if anything has fundamentally changed. It hasn't. 150 years ago, Karl Marx articulated a
by whitemary 4y ago
It's extremely disingenuous to act like these tendencies are new, or as if anything has fundamentally changed. It hasn't. 150 years ago, Karl Marx articulated all of these characteristics of capitalism, including the tendency of capital to accumulate, the tendency of the rate of profit to fall, the contradictions and complexities of financialization, and much more.