Tag: turnover of capital

Capital Volume II: Class 9

Post author By Lenidzky
Post date June 18, 2021
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Readings: Capital II, ch. 15-17 “If we were to consider a communist society in place of a capitalist one, then money capital would immediately be done away with, and so too the disguises that transactions acquire through it. The matter would be simply reduced to the fact that the society must reckon in advance how […]

Tags circulation, communism, credit, dialectics, Federal Reserve, hoard, interest rates, money market, quantitative easing, reproduction, turnover of capital, workers state

Marx's Capital

Capital Volume II: Class 4

Post author By Lenidzky
Post date April 25, 2021
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Reading: Capital II, ch. 7-11 Part II, The Turnover of Capital, begins with a description of fixed and fluid capital. These are the two forms of capital found in productive capital. To review, productive capital is one of the three forms capital takes as it moves through the economy. Productive capital is that capital found […]

Tags Adam Smith, circulating capital, constant capital, fixed capital, fluid capital, ideology, productive capital, turnover of capital, variable capital