Capital is accumulated by conversion of money into means of production, labour-power, surplus-value etc and when the final commodity is ready to be sold, the money acquired will thus be converted into capital, again and again, this circular movement forms the circulation of capital. Surplus-value thus congeals into a hoard and in this form constitutes latent money-capital — latent because it cannot act as capital so long as it persists in the money-form. There is always a greed for the capitalists to produce more surplus-value, which ends up with the struggles between the capitalists and the labourers.There was a relay system created where the two sets of workers worked for day and night shift. In order that the circuit may be completed normally, C' must be sold at its value and in its entirety. In these intervals a part of the circulating capital exists continuously in the form of money. Third, the working machine is a tool which is used by the work force in the daily production. It is a larger money-capital than the one with which the first circular movement was opened, but all reference to its augmentation by the capitalisation of surplus-value ceases as soon as it assumes the function of advanced money-capital. Transcribed for the Internet: by proletarian revolutionaries in the Philippines; If in the transaction of our capitalist the money serves as a means of payment (the commodities having to be paid for by the buyer on longer or shorter terms), then the surplus-product intended for capitalisation is not transformed into money but into creditor’s claims, into titles of ownership of an equivalent which the buyer may already have in his possession or which he may expect to possess. Das Kapital Summary. Absolute surplus-value and Relative surplus –value go hand in hand as the difference between them has a very thin imaginary line. The first volume ofDas Kapital was published in 1867 at a time when the working conditions for industrial laborers were terrible and the division between the classes was growing increasingly more pronounced. eval(ez_write_tag([[336,280],'articlemyriad_com-large-mobile-banner-1','ezslot_7',700,'0','0']));Marx makes a strange shift in tone at the beginning of Chapter 2 of Das Kapital that should be noted and analyzed. of yarn). Hence, if in the formula M ... M' the second circuit begins with M', M' functions as M, as an advanced money-capital of a definite magnitude. For example, to put this into a modern context, let us assume that an iPod and a particular brand of cell phone equal x. CH-19 THE TRANSFORMATION OF VALUE AND RESPECTIVE PRICE OF LABOUR-POWER INTO WAGES. Surplus value is the continuation in the process of producing value. In so far as m figures as an accumulation of money, is not spent as revenue, it may stand for cotton which will not be produced until the following year. The rate of the surplus value is created when there is an increase in the relative magnitude value of  variable capital. by the production of capital, hence by the transformation of surplus-value into capital. It must be noted once more that M — L is not a simple exchange of commodities but the purchase of a commodity, L, which is to serve for the production of surplus-value, just as M — MP is only a procedure which is materially indispensable for the attainment of this end. Of course, C' is bought only because the article is a use-value, hence serviceable for consumption of any kind, productive or individual. Secondly: In the circulation C — M — C