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September 10, 2025Lex localis - Journal of Local Self-Government

The Historical Changes of Capital Effect in Political Economy

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Authors

CQC. Qiao

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Overview

Analysis reveals capital's role in profit rate decline and exploitation in political economy, suggesting deeper contradictions.

Key Points

  • Marx's law of the falling profit rate highlights systemic inequalities driven by capital expansion.
  • The study reveals that digital capital raises questions about the relevance of Marx's theories on profitability today.
  • Capital's demands lead to contradictions, including overproduction and declining labor value, threatening capitalist structures.
  • Future economic conditions may pave the way for a new mode of production characterized by genuine human freedom.

Cite This Study

C. Qiao (2025) studied this question.

synapsesocial.com/papers/68c1ac0154b1d3bfb60e47b4https://doi.org/10.52152/800150
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