Join Date: Dec 2013
Posts: 1,313
M - C - M
In the first stage the capitalist buys commodities and labour time. In the second stage, the purchased commodities and labour time are put into production. The result is a commodity of more value than that of the elements entering into its production. In the third stage, the capitalist returns to the market as a seller; the new commodities are turned into more money.
M - C - LOL
Like capitalists, voluntary producers, come to market twice. Fist time as buyers, the second time for the lulz