Boffy's Blog

Whatever the actual form of this monopolistic competition, the underlying reality was that it required expanding markets, and those expandin...

“If it were not for this interest , the farmer—the chief agent in agriculture—would not advance the capital for investment in it. Already f...

So long as capitalism exists, competition will exist. That competition is no longer the free market competition that existed even in the ear...

 

Above, I set out that the real explanation for the existence of surplus value is the surplus labour undertaken by labourers. That surplus ...

This objective reality that The Law of Value drives societies to continually seek to raise productivity so as to be able to produce more u...

Engels proceeds, then, to look at these series of exchanges, starting from the initial material balances in the hands of the three classes, ...