GEOG 220 Lecture Notes - Lecture 1: Gain Capital, Communism, Investment
4 Apr 2016
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Karl marx theorize that capitalsm tends to prone crises, due to overaccumulation. The surplus of capital is reinvested into commodities. Production of more shoes (but there are limits for this ) Over production leads to production plateaus = creative destruction. How to break overproduction plateaus : a) geographic expansion / b) When you speed up production in a short amount of time capital tends. To excess - overproduction tends to happen to solve this : planning. Part of the solution for overaccumulation is devaluation ( destroying. Technology is one of the ways that capitalism creates globalization. Concentration of people is the first key for capital development. Capitalism is flexible social classes does not equal money whoever wants to grind, grind. To gain capital = create / destroy / re-create :::: invent / devaluate / Dependency of the colonized world on the colonizing world (the east on the west) : relationship with cash capitalism has devalued all sorts of.
