Capitalism and the Value Revolution: apogee and annihilation - Couverture souple

Morais, José Micaelson Lacerda

 
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Synopsis

Value Revolution is a continuous process of transformation of commodity, labour and money. Its modus operandi is configured in a permanent search for new means to give capital more autonomy and greater drag force; in his mad ado of ensuring unlimited continuity to capitalism in historical time. Process that assumes several dimensions throughout its expansion, such as: 1) separation between use value and value; 2) separation between concrete labour and abstract labour; 3) mechanization of production and consequent separation between absolute and relative surplus value; 4) separation between value generation and surplus value, due to the previous one; 5) generation of means to make the production of value (sphere of production) a secondary element in the process of capitalist accumulation, raising the production of surplus value of the technological and financial sectors to the condition of dynamic element of accumulation; and 6) due to all the above, the autonomy of the accumulation process in the face of labour and the production of commodities. Capitalism may not be the end of the story, but it may well be the story of the end.

JOSÉ MICAELSON LACERDA MORAIS, associate professor in the Department of Economics of the Regional University of Cariri - URCA, Ceará/Brazil, since 1995. Graduated in Economic Sciences from the same institution, Master in Production Engineering, UFPB, PhD in Economics of Industry and Technology, UFRJ, and post-doctor in Economic Development from the Center for Economic Development Studies - CEDE, Unicamp.

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