Chapter 1. The Contradictions of Capitalism

1. Value and Wage Labor

Modes of Exploitation

The Labor Theory of Value

Contradictions of Value

Wage Labor

The Law of Inequality

2. The Accumulation of Capital

Relative Surplus Value

Concentration and Centralization

“Capitalist Communism”

The Question of Competition

Competition and Value

3. Capitalism’s Crises

The Crisis Cycle

Underconsumptionism

Disproportionality

The Falling Rate of Profit

The Value Dilemma

Notes to Chapter 1

Other sections of the book currently online:

Foreword

Preface to the Swedish Edition

Introduction. Theories of Stalinism

Chapter 2. The Revolutionary Epoch

Chapter 3. The Transition to Socialism PDF

Full listing of book contents

More information about The Life and Death of Stalinism