Capital accumulation and the composition of capital

Abstract

This paper reviews the Marxian concept of capital accumulation in the light of Paul Zarembka's (2000) recent contribution, taking into consideration the concepts of competition and composition of capital. It shows that accumulation is best understood through a class analysis. However, the capital relation is influential at different levels and it encompasses a broad range of features of modern society. In this context, this paper proposes a richer and more encompassing analysis of accumulation.

Citation

Saad-Filho, A. (2001), "Capital accumulation and the composition of capital", Zarembka, P. (Ed.) Marx's Capital and Capitalism; Markets in a Socialist Alternative (Research in Political Economy, Vol. 19), Emerald Group Publishing Limited, Leeds, pp. 69-85. https://doi.org/10.1016/S0161-7230(01)19004-8