An Outline of the Dialectic of Capital Volume 1 by Thomas T. Sekine PDF

By Thomas T. Sekine

ISBN-10: 0230372201

ISBN-13: 9780230372207

Show description

By Thomas T. Sekine

ISBN-10: 0230372201

ISBN-13: 9780230372207

Show description

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Secondly, it could be used only as fuel and not as an industrial material apart from minor exceptions. Thirdly, it could power only external combustion engines. It was because of these limitations that coal-based technology did not liberate capitalism from the heavy burden of productive labour. All this changed, however, with the advent of oil. For, once a well is drilled, oil can be pumped up to the ground surface automatically without involving much human labour. In its liquid form it can be used directly to fuel internal combustion engines.

How large should that gap be before we may legitimately conclude that reality no longer embodies the ideal definition of capitalism-II? Such a question can be settled only subjectively. For there is no a priori way of determining whether one judgement is superior to another. Notice, however, that, in this case, what is subjective is not the definition of capitalism-II as such, but only the judgement over its applicability to reality. The reader will find in this book the precise definition of capitalism-II by the dialectic of capital.

That indeed is what makes a capitalist society. M. Knox, Hegel's Philosophy of Right (Oxford University Press, 1967), pp. 12-13. Oeuvres de Paul Valery, I, Pteiade, Gallimard, 1957: Variete, pp. 1040, 1135. Peter F. Drucker, in his recent book, Post-Capitalist Society (HarperCollins, New York, 1993), writes as follows. "Capitalism, in one form or another, has occurred and reoccurred many times throughout the ages, in the East as well as in the West. And there have been numerous earlier periods of rapid technical invention and innovation - again in the East as well as the West - many of them producing technical changes fully as radical as any in the late eighteenth or early nineteenth centuries.

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An Outline of the Dialectic of Capital Volume 1 by Thomas T. Sekine


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