The formula itself expresses that the money is not spent here as money, but is only advanced, and is thus simply the money form of capital, money cap… - Karl Marx

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The formula itself expresses that the money is not spent here as money, but is only advanced, and is thus simply the money form of capital, money capital. It further expresses the fact that it is the exchange-value, not the use-value, that is the decisive inherent purpose of the movement.

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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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Alternative Names: Karl Heinrich Marx Karl H. Marx Marx
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"A use-value, or useful article, therefore, has value only because abstract human labour is objectified or materialized in it. How, then, is the magnitude of value to be measured? By means of the quantity of the "value-forming substance", the labour, contained in the article. This quantity is measured by its duration, and the labour-time is itself measured on the particular scale of hours, days etc."

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Pengabstrakan kerja dalam bentuk uang mengandaikan dialektika di antara perkerjaan/kerja yang secara sosial dibutuhkan untuk membuat barang dagangan/komoditi/jasa, dengan proses produksi kapitalisme yang justru meniadakan kerja manusia itu sendiri. Sehingga proses produksi kapitalisme dalam kelanjutannya hanya menempatkan manusia sebagai bagian dari proses akumulasi modal.

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