Victor Lopez > Recent Status Updates

So many of the descriptions of working class boroughs read like something from a Charles Dickens novel, Jesus Christ this is grim.

This chapter about crédit combined with over production of capital goods is good. Very prescient in our era of the technology and real estate bubbles.

A lot of this is a pretty good summation of stuff Marx says in capital volume two. Though the bit where Maksakovsky claims that price deviations from value can be explained by different the Totality of the cycle's different booms and busts (so that everything is actually being sold at value in the grand scheme of things... IDK dawg. That's something I need to reflect on as there are other possible explanations.