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> [...] three factors [...] Capital accumulation is one. The obvious omission here is well developed in Imperialism, The Highest Stage of Capitalism: it's hard
by topaz0 8mo ago
> [...] three factors [...] Capital accumulation is one.
The obvious omission here is well developed in Imperialism, The Highest Stage of Capitalism: it's hard to accumulate capital when all of the productivity growth from foreign "investment" by the rich world is captured by the "investors".