Critical & Marxist Theory

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Critiques of capitalism and inequality

Last updated 12:23 AM on 4/24/26
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6 Terms

1
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Define and explain M - C - P - C’ - M’

The basic capitalist process where:

  • M (Money) - Starting money

  • C (Commodities) - Buy inputs (labor, means of production)

  • P (Production) - Labor produces goods

  • C’ (New Commodity) - Finished product

  • M’ (More Money) - Sell finished product for profit

2
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Biospheric rift

The biospheric rift is the disruption between human’s relationship with nature due to capitalism

3
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Ecological crisis of capitalist reproduction

The growth of capitalism harms the environment

4
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Planet of slums

The expansion of urban poverty globally

5
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Supernumeraries / surplus humanity

Refers to the growing portion of global population considered useless by the current capitalism system due to the rise of automation and AI

6
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Militarized accumulation

The use of war to create profit for capitalist markets