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100 _aChattopadhyay, Paresh
245 _aMarx on capital's globalisation: the dialectic of negativity
260 _c2002
300 _ap.1839-842.
362 _a11 May
520 _aDrawing on Hegel, in his Parisian Manuscripts of 1844 Marx first attempted to show how capitalism not only contained within itself conditions for its own negation, but also created elements of the new society that would supersede it. Under capitalism, labour, like other factors, too is converted to a commodity - `surplus labour' with exchange value; while production is not bound by limited needs or needs that limit it. Thus, the more capitalism develops, the more it is compelled to produce on a scale which has little do do with immediate demands but depends instead on a continuous enlargement of the world market - leading to `capital's globalisation'. Yet, even as capitalism seeks to enlarge itself, it creates its own grave diggers - the proletariat who finally revolt against the system. Reproduced.
650 _aCapital
650 _aGlobalization
650 _aMarx, Karl
773 _aEconomic and Political Weekly
909 _a52326
999 _c52326
_d52326