Theory & Philosophy cover image

Karl Marx‘s Capital Vol. 2 (Part 2/4)

Theory & Philosophy

00:00

The Difference Between Fixed Capital and Circulating Capital Within Constant Capital

There are no things in the world that are just naturally going to belong to any of these different cycles. duration doesn't necessarily determine whether something belongs to fixed capital or circulating capital within constant capital. Fixed variable capital is like long term salaries given to people, whereas a circulating variable capital is for individual laborers who get paid every week and so on. So it's tant to think of it as more of a spectrum.

Play episode from 07:26
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app