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1 – 1 of 1From the moment that capital is no longer satisfied to remain commercial or interest-bearing capital, but begins a production process to exploit labor power, i.e., from the moment…
Abstract
From the moment that capital is no longer satisfied to remain commercial or interest-bearing capital, but begins a production process to exploit labor power, i.e., from the moment capital functions as a relation of production and as a relation of classes, immobilization of a part of the means of production (means of work and objects of work) as use-values becomes necessary, even though they by themselves produce no surplus value. Marx aptly refers to the capital thus immobilized as “constant capital.”