Contradictions of the contemporary accumulation regime (Socialist Register 2023 reviewed in ‘Counterfire’)
February 20, 2024
as Marx showed, while accumulation creates an ever greater mass of means of production, this in itself begins to throw up barriers to the profitable reproduction of such great quantities of capital. This contradiction results in the intensification of competition between capitals over labour, raw materials and markets, not the least consequence of which is imperialist tension and war…
