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Capitalism Must Die! A Series in Parts: Part 17

Back at the start, the surplus value has to be reinvested. Only through expansion can each company gain a competitive edge over all the others. For capitalism as a whole to function in a reasonably stable way, and for everyone to stay ahead of their interest payments, it must grow about 3% annually. So the [...]

Capitalism Must Die! A Series in Parts: Part 16

They must continuously force open and seize control of more markets. This is one of the driving forces for imperialism. When more than one country does this, major inter-imperialist conflicts ensue. This rivalry—not any sort of moral issue—was the cause of the two major inter-imperialist wars of the 20th Century. So war both captures markets [...]

Capitalism Must Die! A Series in Parts: Part 14

The surplus value created in production is locked inside the commodity until the moment of consumption, when it’s released as profit. When you plunk your dollars down to buy the hair dryer or the box of frozen waffles, the capitalist’s goal is realized. […]

Capitalism Must Die! A Series in Parts: Part 13

Competition drives technological development as each capitalist pursues ever-increasing efficiency and speed. They automate their factories to minimize the number of workers and to stay ahead of one another. […]

Capitalism Must Die! A Series in Parts: Part 12

After a short hiatus, the “Capitalism Must Die!” series is back. Other capitalists are running this same cycle at the same time. All their commodities flow into the marketplace. Competition is the major economic driving force of capitalism. […]