
Class 05 - Vol 3, Chapters 16-20
Reading Marx's Capital Volume 2 (audio)
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The Role of Merchant Capitalists in Profit Circulation
The chapter delves into the intricate relationship between merchant capitalists and the production process, emphasizing their strategic role in realizing surplus value generated elsewhere. It discusses the dynamics of circulation and turnover time, highlighting how merchant capitalists contribute indirectly to the profitability of industrial capitalists. The chapter also explores the equalization of profit rates and the impact of merchant capital on the overall rate of profit, shedding light on their crucial role within the economic framework.
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