ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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The Dialectic of Negativity

Marx on Capital's Globalisation

Drawing on Hegel, in his Parisian Manuscripts of 1844 Marx first attempted to show how capitalism not only contained within itself conditions for its own negation, but also created elements of the new society that would supersede it. Under capitalism, labour, like other factors, too is converted to a commodity - 'surplus labour' with exchange value; while production is not bound by limited needs or needs that limit it. Thus, the more capitalism develops, the more it is compelled to produce on a scale which has little to do with immediate demands but depends instead on a continuous enlargement of the world market - leading to 'capital's globalisation'. Yet, even as capitalism seeks to enlarge itself, it creates its own grave diggers - the proletariat who finally revolt against the system.



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