Lyrks
Lyrks
Lyrks
Cover Art

: Accumulation and Reproduction on an Expanded Scale (Chap. 2.21.4) Lyrics by Karl Marx

Das Kapital II

0

Accumulation and Reproduction on an Expanded Scale (Chap. 2.21.4)
                                IV. Supplementary Remarks
The original source of the money for II is v + s of the gold industry I exchanged for a part of IIc. The v + s of the producer of gold does not enter into II only to the extent that he accumulates surplus-value or converts it into means of production I, i.e., to the extent that he expands his production. On the other hand, since the accumulation of money on the part of the gold producer himself leads ultimately to reproduction on an extended scale, a portion of the surplus-value of gold production not spent as revenue passes as additional variable capital of the gold producer into II, promotes here the formation of new hoards or supplies new means with which to buy from I without selling to it direct. From the money derived from this I(v + s) of the production of gold that portion of the gold must be deducted which certain branches of production II need as raw material, etc., in short as an element for the replacement of their constant capital. An element for the preliminary formation of hoards — for the purpose of future extended reproduction — exists in the exchange between I and II: for I only if part of Is is sold one-sidedly, without a balancing purchase, to II and serves there as additional constant capital II; for II, when the same is the case on the part of I for additional variable capital; furthermore, if a part of the surplus-value spent by I as revenue is not covered by IIc, hence a part of IIs is bought with it and thus converted into money. If I(v + s/x) is greater than IIc, then IIc need not for its simple reproduction replace in commodities from I what I consumed out of IIs. The question arises to what extent hoarding can take place within the sphere of exchange of capitalists II among themselves, an exchange which can consist only of a mutual exchange of IIs. We know that direct accumulation takes place within II by the direct conversion of a portion of II s into variable capital (just as in I a portion of Is is directly converted into constant capital). In the various age categories of accumulation within the various lines of business of II, and for the individual capitalists in each line of business, the matter is explained mutatis mutandis in the same way as in I. Some are still in the stage of hoarding, and sell without buying; the others are on the point of actual expansion of reproduction, and buy without selling. The additional variable money-capital is, true enough, first invested in additional labour-power, but this buys means of subsistence from the hoarding owners of the additional articles of consumption entering into the consumption of the labourers. From these owners, pro rata to their hoard formation, the money does not return to its point of departure. They hoard it.
Credits
Karl Marx

Karl Marx

About “: Accumulation and Reproduction on an Expanded Scale (Chap. 2.21.4)” by Karl Marx

Read the complete lyrics to ": Accumulation and Reproduction on an Expanded Scale (Chap. 2.21.4)" by Karl Marx from the album "Das Kapital II". On Lyrks you can follow along with the full text, explore the artist's discography, and discover related songs. The track is often categorized under Non-Music, Philosophy, History.

": Accumulation and Reproduction on an Expanded Scale (Chap. 2.21.4)" is performed by Karl Marx. from the album "Das Kapital II" This page provides the full lyric text for fans who want to sing along, study the songwriting, or compare versions across releases. Lyrks organizes lyrics by artist and song slug so you can bookmark and share a stable URL. Music lyrics help listeners connect with emotion, narrative, and rhythm in a track. Whether you are learning English, researching a favorite chorus, or preparing for karaoke, having accurate line breaks and section labels (verse, chorus, bridge) makes the experience easier. We link to the official artist profile on Lyrks where available, including biography snippets, top songs, and chart placements when we have that data. If you enjoy ": Accumulation and Reproduction on an Expanded Scale (Chap. 2.21.4)", explore more songs by Karl Marx using the links below. Chart and trending pages on Lyrks highlight what listeners are searching for this week. For copyright or correction requests, see our DMCA and contact pages.

View all songs and biography for Karl Marx · Trending lyrics · Billboard Hot 100

Frequently asked questions

": Accumulation and Reproduction on an Expanded Scale (Chap. 2.21.4)" is credited to Karl Marx. Songwriting credits may include additional writers listed on the release; check the credits section on this page for linked collaborators.

": Accumulation and Reproduction on an Expanded Scale (Chap. 2.21.4)" appears on "Das Kapital II".

Visit the Karl Marx artist page at /artist/karl-marx for biography, popular tracks, and links to more lyric pages.