“… It is not a fact that
December 2025 › Forums › General discussion › Are crises caused by overproduction? › “… It is not a fact that
June 14, 2012 at 1:12 pm
#88234
Inactive
“… It is not a fact that too much wealth is produced. But it is true that there is a periodical over-production of wealth in its capitalistic and self-contradictory form. . . . The capitalist mode of production for this reason meets with barriers at a certain scale of production which would be inadequate under different conditions. It comes to a standstill at a point determined by the production and realisation of profit, not by the satisfaction of social needs.” Vol 3 (p. 303).
