[Marxism] Eight Theses on the Economic Crisis

[Carrol Cox]

"S. Artesian" wrote:
> 
> Brad,
> 
> Regarding the "peak" in profits-- and I want to say here that I do not
> consider the FROP to be simply, exclusively a long term structural tendency,
> but in fact, short-term, with immediate disruptive impact, 

FROP is discussed only in C3, which (a) is the least 'finished' and
thought through of the three volumes and (b) cncerns the _appearance_ or
manifestation of capitalis dynamics, not the inner reality. It helps in
grasping the the importance of relative surplus value and the drive for
ever higher levels of productivity in capitalism -- that is, the drive
for the shortening of the necessary part of the labor day through the
cheapening of commodities. It is by no means a fundamental principle of
"economics."

Carrol