Finance Capital by Rudolph Hiferding;

Author:Rudolph Hiferding;
Language: eng
Format: epub
Publisher: Taylor & Francis (CAM)
Published: 1981-01-15T00:00:00+00:00

Equilibrium conditions in the capitalist process of accumulation

Simple reproduction - which does not actually occur in a capitalist society, in which the accumulation of capital is a matter of life and death, though of course this does not exclude the possibility of stagnant or even diminished reproduction in any particular year of the business cycle - already requires certain complicated relations of proportionality; and these become still more complicated if the process of accumulation is to proceed without disruption. Marx gives the following schema:

Production of the means of production: 4,000 C + 1,000 V + 1,000 S = 6,000

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