WITH NO LIMITS

With No Limits



With No Limits

     In the first stage, M-C, or the buy, the cash altered into a commodity. In the second stage, C-M or the sale, the product is altered back afresh into money. The outcome, in which the stages of the method disappear, is the exchange of cash for cash, M-M. The circuit M-C-M would be absurd and without significance if the aim were to exchange by this means two identical additions of money.

     In the circulation C-M-C, the cash is in the end altered into a product that serves as a use-value; it is expended ...