
Karl Marx‘s Capital Vol. 2 (Part 4/4)
Theory & Philosophy
00:00
The Totality of the Annual Product
The entire annual product can be traced to constant capital plus variable capital plus surplus and here we are assuming that surplus, the revenue for the capitalist, is just that. It does not actually put back as capital. So capitalists of the means of consumption pay workers who then spend money in that industry. And it's a very good trick, like a for a business to do this. If abu is able to make their workers buy from them exclusively, what is happening is the money that they're paying out to workers just comes right back to them. That's really quite genius.
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