Kimberly Nicholas

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The two linchpins holding capitalism’s circulation process together (see Figure 2) are: 3.1 Profit and Private Debt as capitalism’s main fuel 3.2 Markets as value’s decentralised distribution mechanism Profit fuels capital accumulation, motivates capitalists, and lubricates capitalisms’ cogs and wheels,[7] while Private Debt (created by financiers from thin air)[8] allows capitalists to finance the large fixed costs involved in building up new plants and networks of physical capital.[9]
Technofeudalism: What Killed Capitalism
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