ABSTRACT
In thinking about the future of capitalism, it is perhaps most appropriate to consider the capitalist system in its historical context, and to evaluate its probable evolution in the light of its basic dynamics and internal contradictions. All of these elements were touched upon in Chapter 1, but a more fully developed assessment becomes possible following the explorations pursued in the following chapters. The core dynamic of the capitalist system is the accumulation process, a process in which a portion of the profits reaped through the sale of goods and services is reinvested, swelling the capital stock, incorporating new technologies in the process, and permitting larger sales and profits in the future.
