Western capitalism had, in the form of the latest “conveyor system”, elevated this new extraction from excess really worth and you can funding buildup to the heights
Mr Ben Bernanke, chairman of United states Federal Set aside, keeps spent a lifestyle seeking exactly what he calls the fresh new “ultimate goal” out-of economics: a conclusion of your roots of the Great Despair. We promotion to indicate he might had even more profits got the guy discover a bit less Milton Friedman and you can considerably more off Trotsky. This is because it’s precisely regarding inter-matchmaking, additionally the contradictions, anywhere between European countries and you may America, and therefore rest during the heart away from Trotsky’s research, in which the root of the Great Despair can be located.
American capitalism, as brand new assembly-line system title loans in Indiana of creation-what Trotsky termed the fresh new “conveyor system”-had created the yields of labor so you’re able to an unmatched degree. Right here, the fresh effective pushes didn’t have the room to own expansion, because they performed in america-whatsoever, mass production demands a size industry-but was indeed caught up and you will limited from inside the rings of Western european nation-state system. Globe Combat I got erupted because capitalism are suffocating from inside the thin design of one’s Western european nation-states. But once few years of depletion and you can impoverishment, brand new Treaty away from Versailles got made the situation worse.
Based on Trotsky’s study, let us wade a small further during the examining this example. Marx after pointed out that the bottom line off excessive worth in one single place needs their removal an additional. Continuer la lecture de « But in Europe, so it creativity could not become duplicated »