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The Influence of Technical Progress on Capitalist Reproduction

M. Golanskii

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Abstract

The Draft Party Program, on the basis of a generalization of new phenomena in the development of imperialism, shows that, at a time when mankind is entering the period of its greatest scientific and technical revolution, capitalism on the whole is increasingly restricting the growth of the productive forces. Technical progress in societies dominated by monopoly capital is turned against the working people and sharpens the antagonism between labor and capital.

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The Draft Party Program, on the basis of a generalization of new phenomena in the development of imperialism, shows that, at a time when mankind is entering the period of its greatest scientific and technical revolution, capitalism on the whole is increasingly restricting the growth of the productive forces. Technical progress in societies dominated by monopoly capital is turned against the working people and sharpens the antagonism between labor and capital.

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Available abstract

The Draft Party Program, on the basis of a generalization of new phenomena in the development of imperialism, shows that, at a time when mankind is entering the period of its greatest scientific and technical revolution, capitalism on the whole is increasingly restricting the growth of the productive forces. Technical progress in societies dominated by monopoly capital is turned against the working people and sharpens the antagonism between labor and capital.

Key concepts: Reproduction, Monopoly, Capitalism, Neoclassical economics, Capital (architecture), Technical progress, Social reproduction, Economics

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