The Economic Unconscious of Capitalism: Skeletons in the Closet
Capitalist News Interpreted /
14 Apr 2021
/

When most of us think of capitalist economics, we think of Marx’s Commodity-Money-Commodity circuit. But this is just the tip of the iceberg. What exists in the shadows are other forms of economic exchange from bartering among friends, to friends asking each other for loans. Then there are vendors hawking their wares in many large cities known as “flea markets”. But most importantly, the two biggest skeleton’s in capitalists’ closets are the surplus labor capitalists steal from workers every day and the household labor women do for free. This free household labor is what keeps capitalism floating.
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