What is Marx's view of fiscal policy ?

[Charles Brown <cbrown@xxxxxxxxxxxxxxxxx>]

Actually think that assumption is unwarranted, that
consumption by workers is never, ok, ok, I exaggerate,
almost never the issue for capitalism.

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CB: I'm saying it's an issue for Marx in his theory of the cause of crises.
He says the increasing organic composition of capital causes the rate of
profit to fall, but also in Vol. III,he says the ultimate cause of all
crises is that capitalism produces as if the working masses are paid enough
to buy everything.

^^^^^

Don't forget, capitalism is built upon the fact, the
social relation, that the workers do not, cannot, may not,
will not, consume all that is produced, all they produce.

^^^^^
CB; Exactly the point. Exploitation means that the wage-laborers are paid
less than the value of what they produce, so they don't have enough to buy
all they produce. So, some surplus value won't be realized by some
capitalists. So, the rate of profit, realized profit, will fall. So, there
will be crises.


^^^^

The question is the question of the reproduction
of capital, and that depends on rate, in terms of speed and
size, of return in capitalist production as a whole.

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CB: return ? The capitalists don't get their full return because all their
stuff can't be bought. The capitalist exploits the workers, but if the
capitalist can't sell all of what is exploited , the exploited aspect cannot
be fully realized as money in the hands of the capitalist. It's theoretical
surplus value, not realized surplus value.