Examples of using Commodity-capital in English and their translations into German
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For instance, the commodity-capital of the cotton-spinner, yarn, is partly replaced by coal.
For instance, a machine, as a product, as a commodity of the machine manufacturer,belongs to his commodity-capital.
It is, indeed, possible that this last-named commodity-capital is not produced until ordered.
Commodity-capital is in itself simultaneously money-capital, that is, a definite amount of value expressed in the price of the commodities.
From the point of view of its own destination, of its position in the process, it is still a commodity-capital, a saleable commodity;
On the eve of a crisis, and during its sway, commodity-capital in its capacity as a potential money-capital is contracted.
This demand arises precisely at the moment,when the foreign markets are overcrowded with unsalable English commodity-capital.
At the end of the 6th week, a commodity-capital of 600 pounds sterling, returned at the end of the 9th week. 2. Working period: 7-12th week.
Department II, again,would have reconverted three-fourths of its constant capital from the form of commodity-capital into that of productive capital;
But every article produced by capitalist methods is a commodity-capital, no matter whether its use-form destines it for productive or for individual consumption, or for both.
In the form of productive capital, in the form of a fund for individual consumption,and in the form of a commodity-supply or commodity-capital.
Since Smith here confounds the circulating capital with commodity-capital, he cannot place labor-power under his category of circulating capital.
Money-capital, commodity-capital, productive capital are not, therefore, terms indicating independent classes of capital, nor are their functions processes of independent and separate branches of industry.
These 10,000 pounds have been converted in thecourse of one year from money-capital into productive capital and commodity-capital, and then reconverted into money-capital.
No matter how much money-capital and commodity-capital may perform the functions of capital and circulate, they cannot become circulating capital as distinguished from fixed capital, until they have been transformed into circulating elements of productive capital.
As special and different forms corresponding to special functions of industrial capital,money-capital can perform only money functions, and commodity-capital only commodity functions. Their difference is merely that of money and commodity.
The money of B therefore monetizes the commodity-capital of A, and thus the same amount serves for the monetization of the surplus-value of B and the circulating constant capital of A. But in that case, the solution of the question to be solved is still more directly assumed, the question.
Even if a certain product re-enters as a use-value for the purpose of production into the same process from which it emanated, for instance coal in the production of coal, even then that part of the output of coal which is intended for sale represents neither fixed norcirculating capital, but commodity-capital.
So is a machine, the product of a machine maker,the commodity-form of his capital, commodity-capital from his point of view. And so long as it persists in this form, it is neither fixed nor circulating capital.
This money flows back to I, and once more withdraws from II articles of consumption to the same amount, returning 500 pounds sterling to II. The capitalists of II are then once more in possession of 500 pounds sterling in money and 2000 pounds sterling of constant capital,the latter having been reconverted from the form of commodity-capital into that of productive capital.
This shows that the same things, which at a certain time appear on the market as commodity-capital distinct from productive capital, may or may not perform the function of productive capital after they have been removed from the market.
While in the calculation of the rate of profit the surplus-value is figured on the total capital, regardless of whether the fixed elements transfer periodically much or little value to the product, the fixed portion of constant capital isincluded in the calculation of the value of any periodically created commodity-capital only to the extent that it yields a certain average of value to the product. IV.
It passes from the process of production into the process of circulation, not in the form of commodity-capital which has to be converted into money-capital, but as a money-capital which is to be reconverted into productive capital, which is to be fresh labor-power and materials of production.
C' appears from the very outset as commodity-capital, and the purpose of the entire process, the accumulation of wealth, does not exclude an increasing consumption on the part of the capitalist in proportion as his surplus-value(and thus his capital) increases; on the contrary, it promotes such an increasing consumption.
In the first form, M-C Pm prepares only the first transformation of money-capital into productive capital; in the second form, it prepares the retransformation of commodity-capital into productive capital; that is to say, so far as the investment of industrial capital remains the same, the commodity-capital is retransformed into the same elements of production out of which it originated.
It is, in the first place, the fact that the commodity-capital completes its definite conversion into money, its first metamorphosis, its function on the market in its capacity as commodity-capital, in the hands of another agent than the producer, and that this function of commodity-capital is promoted by the operations of the merchant, by his buying and selling, so that these transactions constitute themselves into a separate and independent business distinct from the other functions of industrial capital.
That which is for I merely an exchange of revenue for articles of consumption, is for II more than a mere reconversion of Edition: current; Page:[605]its constant capital from the form of commodity-capital into its natural form, as it is in simple reproduction, for it is a process of direct accumulation, a transformation of a portion of its surplus-product from the form of articles of consumption into that of constant capital.
For one portion of the value of the product,and thus of the product circulating as a commodity, the commodity-capital, always consists of the wear of the fixed capital, that is to say, of that portion of the value of the fixed capital which is transferred to the product during the process of production.
The C in this formula, so far as it consists of Pm, is a commodity in the hands of the seller; it is itself a commodity-capital, in so far as it is the product of a capitalist process of production; and even if it is not, it appears as a commodity-capital in the hands of the merchant.
And in that case department IIwould have reconverted the entire value of its commodity-capital into the natural form of means of production, contrary to our assumption that it would not reconvert an aliquot portion during the current period of annual reproduction into the natural form of fixed elements of its constant capital.