The Guardian • overproduction
Issue #2046
Overproduction – Crazy capitalism
In 1867, Karl Marx wrote of capitalism’s inherent tendency towards overproduction and underconsumption (not enough goods reaching those that need them). No more vulgar example...
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Issue #2159
The meaning of ‘productivity’
“Each commodity represents a single unit of capitalist production; each is embedded with the congealed labour power, from the hands and the muscles and the...
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