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Home Números publicados laberinto 20 What Keeps Capitalism Going?

What Keeps Capitalism Going?

This essay is based on an address to the Rebuilding the Left Conference at Simon Fraser University on September 23, 2003.

I want to address a very simple question: What keeps capitalism going? or, in the somewhat more technical language of Marxists, How does capitalism as a system reproduce itself?

Of course, the first point that we need to establish is what I mean by capitalism. People mean a lot of different things when they use the term. They may have in mind a market economy or an economy with wage-laborers—or maybe only an economy in which corporations dominate. Naturally, then, what they mean by anticapitalism will also differ—it may mean, anti-markets, anti-wage-labor, and it may simply mean anti–large corporations.

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