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→The Formation of Joint-Stock Companies and the Credit System
(Necessity of socialism, formation of joint-stock companies. Marx.) |
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Marx then notes that on both accounts (1) and (2), the capitalist mode of production ''abolishes'' private property and private labor, ''even if in antithetical forms''.<ref>Capital Volume III (Penguin), p. 375.</ref> | Marx then notes that on both accounts (1) and (2), the capitalist mode of production ''abolishes'' private property and private labor, ''even if in antithetical forms''.<ref>Capital Volume III (Penguin), p. 375.</ref> | ||
=== The Formation of Joint-Stock Companies | === The Formation of Joint-Stock Companies === | ||
Marx & Engels saw in the emergence of joint-stock companies the following: | Marx & Engels saw in the emergence of joint-stock companies the following: | ||