[Marxism] query on Henryk Grossman
Javier A
javierunderground at yahoo.com
Wed Mar 19 13:25:30 MDT 2008
I found David Harvey's Limits to Capital an explanation of how fictitious capital gets pumped into the circulation of capital creating price volatility very usefull and applicable to the current crisis. And the necessary development of internal investment to stabilize the rate of profit inherently leads to the increase of pumping fictitious capital into the channels of the system, inevitably leads to volatility and downturn. I'm planning to read Grossman next.
Javier
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