A circuit performed by a capital and meant to be a periodic… - Karl Marx

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A circuit performed by a capital and meant to be a periodical process, not an individual act, is called its turnover. The duration of this turnover is determined by the sum of its time of production and its time of circulation.

Karl Marx

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About Karl Marx

Karl Heinrich Marx (5 May 1818 – 14 March 1883) was a German political philosopher, economist, historian, sociologist, journalist and revolutionary socialist. Marx's work in economics laid the basis for labor theory of value, and has influenced much of subsequent economic thought. He published many works during his lifetime, including The Communist Manifesto (1848) and the first volume of Das Kapital (1867), the two later volumes being completed by his collaborator Friedrich Engels.

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Also Known As

Pen Names: Glückskind

Alternative Names: Karl Heinrich Marx • Karl H. Marx • Marx

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Friedrich Engels Pyotr Kropotkin Vladimir Lenin Ludwig von Mises Peter Kropotkin

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A circuit performed by a capital and meant to be a periodical process, not an individual act, is called its turnover. The duration of this turnover i… - Karl Marx

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