POLECON 100 Study Guide - Final Guide: Cascina Increa, Ion, Longrun

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There is crisis inherent in the capitalist market and bourgeois production. Metamorphosis of commodities in purchase and sale: the unity of two processes (or one process in two phases), but also they become independent from one another and separated-- this is the crisis (when they are separated) Commodity: contradiction between exchange value and use value. Money and commodities are transformed into capital through their specific relationship. Capitalists do not produce for their own consumption. Crisis is the interruption of the process of reproduction (in which a capitalist would use his profit to pay workers to make more products) The immediate aim of capitalist production is the accumulation of value and abstract wealth. Individual labor seen as abstract/general social labor through its alienation. Supply and demand can become independent of one another. The motive to realize a commodity"s exchange value (turn it back into money) is greater than the desire for its use value *look up if true*

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