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This paper reinterprets one of the most important passages of Capital: the «general law of capitalist accumulation», where contradiction between workers and capitalists causes cyclical dynamics in capital accumulation. To achieve the reinterpretation —similar to Richard Goodwin (1967) proposal— the determinants of capital accumulation and the rate of profit are identified, it is presented a description of the reserve army of labour and its functions, and both aspects are joined in a dynamical system whose simulation suggests the existence of capitalist cycles influenced by the tendency of the rate of profit to fall. keywords General law of capitalist accumulation, reserve army of labour, dynamical system, cycles. jel codes C63, E11, O41.

La ley general de la acumulación capitalista, una reinterpretación