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Trade Unions & Social Justice Trademark belfast 6 feb 2015

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Page 1: Trade Unionism and Social Justice - Lecture Three: Introduction to Political Economy

Trade Unions

& Social Justice

Trademark belfast

6 feb 2015

Page 2: Trade Unionism and Social Justice - Lecture Three: Introduction to Political Economy
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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.

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