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To #KoheiSaito.s book: Nature against Capital.

What #KoheiSaito does not grasp in his short critique of the collapse theory of #ValueCritique, #Wertkritik (#RobertKurz), however, is that the "doggedness of capital" and its dynamics ("elastic potencies") for the reproduction of itself, is not denied, but, according to the value critique, they are the cause of exponentially increasing costs within the scientific capitalist enterprise (development, research), which can only be covered by a total social debt (e.g. public debt), but hardly by an entrepreneurial accumulation. Thus, precisely because of the facts cited by Saito for the refutation of the value critique, capital is already long time processing outside of its actual operational range and must collapse accordingly due to a not realizable recreation of value, according to the value critique. This can be continued (simulated) only as long as the socialization of debts can be maintained with the simultaneous privatization of profits.***

Although Saito admits that he has not even considered the theory of value necessary for this conclusion, he already indicates with the unquestioned adoption of Burkett's quote that his understanding of value comes precisely from #MichaelHeinrichs and is thus diametrically opposed to Kurz's interpretation. Meanwhile, he does little to shake the value critique itself.

Still, the book is well worth reading, and I haven't quite finished it yet either. So maybe he'll still get his act together ?.

*** For example, Germany's debt today will last until almost 2075, so we have to work for another 52 years to recoup the money we've already spent. In 2030, for example, it could already take until 2150 and in 2050 until the year 2200 or even 2300. It is obvious that this cannot be maintained endlessly. Countries like Haiti for instance can not rely on such a process of eternally raising debts, to maintain production of goods within entire social (worldwide) average costs, so that they necissarily loose an economic basis and collapse.