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Karl Marx and Contradictions of "Capitalism 4.0"

Author

Listed:
  • Hristo Prodanov

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

Technologies are part of the logic of development of capitalism, and technological revolutions are an instrument for moving it from one stage to another. The aim of this research is to study the contradictions of the “Capitalism 4.0, based on the technologies of the Fourth industrial revolution. The research includes two main parts: The first one is related with the ideas of Karl Marx about the role of technologies in the development of capitalism and its stages, connected with different technologies. The second one is about the contradictions of “Capitalism 4.0”, connected with the technologies of the Fourth industrial revolution.

Suggested Citation

  • Hristo Prodanov, 2018. "Karl Marx and Contradictions of "Capitalism 4.0"," Nauchni trudove, University of National and World Economy, Sofia, Bulgaria, issue 5, pages 367-379, December.
    • Handle: RePEc:nwe:natrud:y:2018:i:5:p:367-379
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    File URL: http://unwe-research-papers.org/bg/journalissues/article/10046
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    More about this item

    Keywords

    Karl Marx; industrial revolution; technologies; capitalism; capital; labour;
    All these keywords.

    JEL classification:

    • B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State

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