Abstract

Article describes concept of political reproduction of the capital, which is a new method of the reproduction of the capitalist society, based on the means of political assets and free of the early capitalist belief in a permanent economic growth. The idea of political reproduction of the capital helps to understand the transformation of the global capitalist system and also helps the marxist theory to overcome the problems concerning the methods practiced by the modern, financial capitalism – including its public debt policies. Modern capitalism doesn’t need constant growth and makes use of the central planning institutions, allowing the global capital to avoid disastrous effects of new system’s crisis. The modern reproduction of the capital is therefore based on the objective of maintaining capitalist power regardless of the level of capitalist profit.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call