🗊Презентация Circuit and the circulation of Capital. Costs and revenue of the company

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Circuit and the circulation of Capital. Costs and revenue of the company, слайд №1Circuit and the circulation of Capital. Costs and revenue of the company, слайд №2Circuit and the circulation of Capital. Costs and revenue of the company, слайд №3Circuit and the circulation of Capital. Costs and revenue of the company, слайд №4Circuit and the circulation of Capital. Costs and revenue of the company, слайд №5Circuit and the circulation of Capital. Costs and revenue of the company, слайд №6Circuit and the circulation of Capital. Costs and revenue of the company, слайд №7Circuit and the circulation of Capital. Costs and revenue of the company, слайд №8Circuit and the circulation of Capital. Costs and revenue of the company, слайд №9Circuit and the circulation of Capital. Costs and revenue of the company, слайд №10Circuit and the circulation of Capital. Costs and revenue of the company, слайд №11Circuit and the circulation of Capital. Costs and revenue of the company, слайд №12Circuit and the circulation of Capital. Costs and revenue of the company, слайд №13Circuit and the circulation of Capital. Costs and revenue of the company, слайд №14Circuit and the circulation of Capital. Costs and revenue of the company, слайд №15Circuit and the circulation of Capital. Costs and revenue of the company, слайд №16Circuit and the circulation of Capital. Costs and revenue of the company, слайд №17
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Kazakh National Agrarian University Ministry of Agriculture of the Republic of Kazakhstan Economic and finance department Theme : Circuit and the circulation of Capital. Costs and revenue of the company. Performed: Yessimbek Aiym Group: VM – 209P Checked: Yessengaziyeva Saule Almaty 2015
Описание слайда:
Kazakh National Agrarian University Ministry of Agriculture of the Republic of Kazakhstan Economic and finance department Theme : Circuit and the circulation of Capital. Costs and revenue of the company. Performed: Yessimbek Aiym Group: VM – 209P Checked: Yessengaziyeva Saule Almaty 2015

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Plan: The General Formula Contradictions Expanding the General Formula Circuit of Money Capital Circuit of Production Capital Circuit of Commodity Capital Circuit of the Reproduction of Labor Power
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Plan: The General Formula Contradictions Expanding the General Formula Circuit of Money Capital Circuit of Production Capital Circuit of Commodity Capital Circuit of the Reproduction of Labor Power

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The General Formula M - C - M’ (vs C - M - C ) Quantitative expansion (M’ > M) Money as alpha & omega (vs money as mediator) capitalism as money making, greed Commodities are mere means to an en Metamorphosis of Capital (of value)
Описание слайда:
The General Formula M - C - M’ (vs C - M - C ) Quantitative expansion (M’ > M) Money as alpha & omega (vs money as mediator) capitalism as money making, greed Commodities are mere means to an en Metamorphosis of Capital (of value)

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Contradictions Problem: Explain source of “prime” in M’ Marx assumes equal exchange So M’-M cannot originate in exchange Unequal exchange, e.g., cheating, would merely redistribute value Ques: If not in circulation, then where? Ans: In production!
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Contradictions Problem: Explain source of “prime” in M’ Marx assumes equal exchange So M’-M cannot originate in exchange Unequal exchange, e.g., cheating, would merely redistribute value Ques: If not in circulation, then where? Ans: In production!

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Circuit of Money Capital -1 M - C - M’ becomes: M - C(LP, MP) . . . P . . . C’ - M’, where M - C = factor market exchanges LP = labor power MP = means of production ...P... = production process C’ = produced commodity with expanded value C’ - M’ = sale of commodity
Описание слайда:
Circuit of Money Capital -1 M - C - M’ becomes: M - C(LP, MP) . . . P . . . C’ - M’, where M - C = factor market exchanges LP = labor power MP = means of production ...P... = production process C’ = produced commodity with expanded value C’ - M’ = sale of commodity

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Circuit of Money Capital –2 LP & M - C(LP) are discussed in Chap 6 ...P... is discussed in Chap 7 NB: Money, as one moment of circuit, is reproduced in the circuit M as money to be invested is reproduced as M’ as profit BUT: M - C - M’ is endlessly repeated as M - C - M’.M’ - C” - M’’.M’’ - C” - M”’ etc
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Circuit of Money Capital –2 LP & M - C(LP) are discussed in Chap 6 ...P... is discussed in Chap 7 NB: Money, as one moment of circuit, is reproduced in the circuit M as money to be invested is reproduced as M’ as profit BUT: M - C - M’ is endlessly repeated as M - C - M’.M’ - C” - M’’.M’’ - C” - M”’ etc

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Circuit of Money Capital - 3
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Circuit of Money Capital - 3

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Circuit of Production Capital Circuit of Money Capital M - C(LP,MP) ...P... C’ - M’.M - C (LP,MP) ...P... Circuit of Productive Capital Reproduction of relations of production, LP & MP, within the overall circuit Closest to “socio-political” point of view, focus on work
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Circuit of Production Capital Circuit of Money Capital M - C(LP,MP) ...P... C’ - M’.M - C (LP,MP) ...P... Circuit of Productive Capital Reproduction of relations of production, LP & MP, within the overall circuit Closest to “socio-political” point of view, focus on work

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An Absence? Circuit of Money Capital Circuit of Productive Capital M - C(LP,MP) ...P... C’ - M’.M’ - C (LP,MP)...P...C” Circuit of Commodity Capital
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An Absence? Circuit of Money Capital Circuit of Productive Capital M - C(LP,MP) ...P... C’ - M’.M’ - C (LP,MP)...P...C” Circuit of Commodity Capital

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Circuit of Money Capital Circuit of Productive Capital Circuit of Money Capital Circuit of Productive Capital M - C(LP,MP) ...P... C’ - M’.M’ - C (LP,MP)...P...C” Circuit of Commodity Capital What is left out? Question: The reproduction of which aspect of the circuit is left unaccounted for? Answer: LP - Labor Power
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Circuit of Money Capital Circuit of Productive Capital Circuit of Money Capital Circuit of Productive Capital M - C(LP,MP) ...P... C’ - M’.M’ - C (LP,MP)...P...C” Circuit of Commodity Capital What is left out? Question: The reproduction of which aspect of the circuit is left unaccounted for? Answer: LP - Labor Power

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Circuit of Reproduction of Labor Power-1 Where is labor power reproduced? To some degree within the circuit, workers maintain their skills and abilities by using them. To a greater degree outside the circuit, in “consumption,” daily life, the family. The wage buys the means of “reproduction”
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Circuit of Reproduction of Labor Power-1 Where is labor power reproduced? To some degree within the circuit, workers maintain their skills and abilities by using them. To a greater degree outside the circuit, in “consumption,” daily life, the family. The wage buys the means of “reproduction”

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Circuit of Reproduction of Labor Power-2 Marx: LP - M - C(MS) LP = labor power M = wage C(MS) = means of subsistence/reproduction This makes Consumption/life goal of circuit --appropriate from worker’s point of view --INappropriate from capital’s point of view
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Circuit of Reproduction of Labor Power-2 Marx: LP - M - C(MS) LP = labor power M = wage C(MS) = means of subsistence/reproduction This makes Consumption/life goal of circuit --appropriate from worker’s point of view --INappropriate from capital’s point of view

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Circuit of Reproduction of Labor Power-3 Capital needs C(MS) to reproduce worker C(MS) must “produce” (...P...) new LP So: LP - M - C(MS) . . . P . . . LP* Where LP* = reproduced labor power LP* might be greater (kids, more skill) LP* might be smaller (less wage required)
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Circuit of Reproduction of Labor Power-3 Capital needs C(MS) to reproduce worker C(MS) must “produce” (...P...) new LP So: LP - M - C(MS) . . . P . . . LP* Where LP* = reproduced labor power LP* might be greater (kids, more skill) LP* might be smaller (less wage required)

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Circuit of Reproduction of Labor Power-4 LP - M - C(MS) ...P... LP*. LP - M - C(MS) M - LP M - LP . . . P . . . C’ - M’. . . . P . . . M - MP M - MP Capitalist Circuit: Life reduced to reproduction of labor power for capital, ready for labor market
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Circuit of Reproduction of Labor Power-4 LP - M - C(MS) ...P... LP*. LP - M - C(MS) M - LP M - LP . . . P . . . C’ - M’. . . . P . . . M - MP M - MP Capitalist Circuit: Life reduced to reproduction of labor power for capital, ready for labor market

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Reproduction of Labor Power? This takes us to Chapter 6 which discusses both the labor market and the value of labor power. We need to investigate: LP - M M - C(MS) . . . P . . . LP* (why an asterik instead of a prime?)
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Reproduction of Labor Power? This takes us to Chapter 6 which discusses both the labor market and the value of labor power. We need to investigate: LP - M M - C(MS) . . . P . . . LP* (why an asterik instead of a prime?)

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Circuit and the circulation of Capital. Costs and revenue of the company, слайд №16
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References Marx K. Kapital, vol. 2. In K. Marx and F. Engels, Soch., 2nd ed., vol. 24. V. M. RULEV  From Manuscript II. — F.E.  Beginning of Manuscript VII, started July 1878.  End of Manuscript VII. Beginning of Manuscript VI. — F.E.  End of Manuscript VI. Beginning of Manuscript V. — F.E.  This is true no matter how we separate capital-value and surplus-value. 10,000 lbs. . Chuprov, Railroading, Moscow, 1875, pp. 69 and 70.
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References Marx K. Kapital, vol. 2. In K. Marx and F. Engels, Soch., 2nd ed., vol. 24. V. M. RULEV  From Manuscript II. — F.E.  Beginning of Manuscript VII, started July 1878.  End of Manuscript VII. Beginning of Manuscript VI. — F.E.  End of Manuscript VI. Beginning of Manuscript V. — F.E.  This is true no matter how we separate capital-value and surplus-value. 10,000 lbs. . Chuprov, Railroading, Moscow, 1875, pp. 69 and 70.

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