I deny that *the aim* of capitalist production is accumulation. The capitalisation of surplus value results independently of competition. As I pointed out, capitalists can consume all the value resulting from production and thereby extinguish it and their ability to consume or they can re-invest portions of the total value created with the aim of creating a flow in the form of an infinite series of sums for capitalist consumption. Moreover, competition does force them to capitalize surplus value and thereby accumulate if they want to enjoy the punctuated flow of sums for capitalist consumption I further argued that once accumulation begins to interfere with capitalist consumption, it is slowed down or the capitalist class attempts to reorganize production to ensure the stability and growth of their consumption fund. There are quotes from Capital to support such an interpretation; but more importantly it more accurately represents the aims of capitalist behavior.
Second point, I reject Heinrich's claim that wage labor must be formally free. see p. 14. Now let's see how you good your reading comprehension is and, more importantly, your argumentative skills.
_______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
