This is a chapter from the book:
Competition of Capitalists

Competition of Capitalists

The system of free competition and what it is about


I. The elementary determinations of capitalist business: Social production for private profit

  1. What the industrial capitalist does
  2. The market
  3. The bourgeois state
  4. Commercial credit
  5. State support of competition that makes use of credit: Legal protection for property endangered by the use of payment promises as money
  6. Necessarily ‘false consciousness’ about money, profit, property, market, and state; both ordinary and scientific

II. Accumulation of capital: Expansion of production and commerce

  1. Growth
  2. Expansion of the market
  3. State tasks
  4. Loan capital
  5. The state as creator of a national credit money
  6. The dogma of growth as the good purpose of all economic activity, and the solution to all the problems it creates

III. Increasing growth: The productivity of capitalism

  1. Reducing unit costs
  2. The market: Where capitalist progress does its work and is put to the test
  3. Growth through progress: a new catalog of tasks for the lawgiver
  4. Power and powerlessness of credit in the competition for competitiveness
  5. The state as promoter, user, and guardian of the credit system
  6. Success alongside failure, the standpoint of real and imagined victims & beneficiaries as an opinion-forming productive force

IV. Growth through centralization of capital: The competitive struggle to overcome competition

  1. Concentration of capital in one hand
  2. The struggle for control over the market
  3. The state: Guardian of a capital location
  4. The fusion of capital and credit
  5. The state as a financial power
  6. How the crisis of capital is mastered ideologically

V. (forthcoming)