📕 subnode [[@ryan/20200716134542 m_c_m_exchange]]
in 📚 node [[20200716134542-m_c_m_exchange]]
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tags :: Capital
Ideas
From Capital Vol. 1
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M-C-M is money-commodity-money
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A capitalist converts money into commodities, and then turns those commodities back into money
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Unlike C-M-C exchange the first and second Ms are not equivalent, so M-C-M can be called M-C-M' ("M prime")
📖 stoas
- public document at doc.anagora.org/20200716134542-m_c_m_exchange
- video call at meet.jit.si/20200716134542-m_c_m_exchange