A Re-conceptualization: Internal Contradictions of Capital and the Shifts within Surplus Value

Ercan Gündoğan

Research output: Contribution to journalArticle

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Abstract

production has begun to lose its
productivity and historical base due to the rising domination of unproductive capitals at the
expense of capital in general and that such a self-destructive process should be explained as the
result of the declining productivity of capitalism (not capital productivity), which is embedded in
the definition of capitalist commodity production and surplus rather than the tendential fall in
the rate of profit. It argues that such a structural problem cannot be solved thanks to the newly
industrializing regions in the world. The article re-conceptualizes the internal contradictions and
dynamics of capital as well as Lenin’s conception of finance capital.
Original languageEnglish
Pages (from-to)205-218
Number of pages14
JournalWorld Review of Political Economy
Volume2
Issue number2
Publication statusPublished - 2011
Externally publishedYes

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Conceptualization
Surplus value
Rate of profit
Domination
Finance
Productivity
Surplus
Commodities
Capital productivity
Capitalism
Conception

Keywords

  • productive capital
  • unproductive capital; productivity of capital; finance capital; financial capital; commodity; surplus value
  • industrial profit
  • interest
  • ;rent

Cite this

A Re-conceptualization: Internal Contradictions of Capital and the Shifts within Surplus Value. / Gündoğan, Ercan .

In: World Review of Political Economy, Vol. 2, No. 2, 2011, p. 205-218.

Research output: Contribution to journalArticle

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