“ For money in itself is not an element of real reproduction. ”
Karl Marx, Das Kapital (1885). copy citation
Author | Karl Marx |
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Source | Das Kapital |
Topic | money reproduction |
Date | 1885 |
Language | English |
Reference | |
Note | |
Weblink | https://www.marxists.org/archive/marx/works/download/pdf/Capital-Volume-... |
Context
“They had to exist potentially, i.e., in their elements, as it requires only the impulse of an order, that is, the purchase of commodities before they actually exist and their anticipated sale, for their production really to take place. The money on the one side then calls forth extended reproduction on the other, because the possibility of it exists without money. For money in itself is not an element of real reproduction.
For instance capitalist A, who sells during one year or during a number of years certain quantities of commodities successively produced by him, thereby converts into money also that portion of the commodities which is the vehicle of surplus-value –”
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