Trade Unionism and Social Justice - Lecture Three: Introduction to Political Economy

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Transcript of Trade Unionism and Social Justice - Lecture Three: Introduction to Political Economy

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Trade Unions & Social Justice

Trademark belfast

6 feb 2015

The purpose of capitalism is self-expansion capital begets capital and it does so by monetizing social value and human labour. This is a circuit of transformation.

Immanuel Wallerstein, Historical Capitalism (London: Verso, 2011), 15.