A exploração subjacente ao ciclo do capital monetário

Abstract

The purpose of this article is to reveal the exploration immanent to the set of metamorphoses inscribed in the cycle of monetary capital. The purchase of productive elements on the market, whose formula consists of the D-M series, corresponds to the first stage of a circuit whose purpose is the accumulation represented in the form of money. More than the formal subordination of the workforce, the D-T operation guarantees, with due legal recognition, the extraction of the surplus value, absorbed successively in the sphere of circulation after the fulfilment of M’-D’. Camouflaged by the abstract equality of bourgeois law, the sale of the labour force is based on expropriation, both depriving producers of their means of subsistence and through materialized looting in the form of wages.