#+title: M-C-M exchange

- tags :: [[file:20201111222005-capital.org][Capital]]

* Ideas
** From [[file:literature/20200611201816-capital.org][Capital Vol. 1]]
- M-C-M is money-commodity-money
- A capitalist converts money into commodities, and then turns those commodities
  back into money
- Unlike [[file:20200716134537-c_m_c_exchange.org][C-M-C exchange]], the first and second Ms are not equivalent, so M-C-M
  can be called M-C-M' ("M prime")
- M-C-M' is [[file:20200716134715-the_general_formula_of_the_circulation_of_capital.org][the general formula of the circulation of capital]]