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[Marxism] Proletarianization and Overaccumulation



Proletarianization and Overaccumulation


 



Charles Brown wrote:
> Let us examine the matter a little more closely. "Overproduction" and
> "Underconsumption" are two sides of the same coin.

That might be true, but the real debate has always been between the role
of overaccumulation versus underconsumption (or overproduction). Just
read Henryk Grossman to get a handle on this:

http://www.marxists.org/archive/grossman/1929/breakdown/ch02.htm
 
^^^^^^^
CB: Yes, but actually both cause
the rate of profit to fall.
This is a case where the answer is "both".
 
But we should emphasize "underconsumption"
 in these
discussions , because it imples reform
 measures that
would be in the nature of raising the
 consumption of the
working class. Focus on the falling
 rate of profit implies
measures should be taken directly
to raise the profit rate back up,
like tax cuts for business. .
 
Also, it should be noted that
this _is_ a debate
over reform.  Looking for the
cause of crisis
within capitalist relations of
production implies
looking for a fix ( limited of course)
without
revolutionizing thos relations.
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