Transformations of the contemporaneous capitalism and its nature in Marx’s analyses
Abstract
This paper deals with five points of contemporary capitalism dynamics: 1) the
form and operation for the world financial market that functions 24 hours a day; 2) transformations
in monetary relations, specifically the relation between money and power; 3) the
influence of the operation of capital blocks over territories; 4) the exhaustion of the limits
of surplus extraction by means of wage labour exploitation, increasing degradation of the
conditions of social cohesion, and fracturing the accumulation regime; 5) the new references
that sustain and regulate the general equivalent, i.e. the foundation of the equivalencies
nominated in money. It ends by demanding a new global social contract, at national and
international levels.
JEL Classification: B51; P11; P16.
Keywords: Capitalism neoliberalism globalization Marxism