Alena

silver Circulation  the process of the continuous movement of capital as a medium of circulation and payment. This process takes place within the pattern of the monetary system of every country. The circulation process breaks through the several(prenominal) and local anaesthetic boundaries of the direct exchange of products, bringing about the suppuration of a whole network of social relations . . . completely beyond the control of the actors (K. Marx; see K. Marx and F. En-gels, Soch., 2nd ed., vol. 23, p. 123). Therefore, under the conditions of wide-eyed goodness production, the metamorphosis CMC (CommodityMoneyCommodity) itself contains the mishap of a gap between the actions of buying and of selling, CM and MC (selling without buying), that is, the possibility of creating an over-production crisis. On the al-Qaida of wide-eyed money circulation, the circulation of money as capital is positive agree to the formula MCM. Under capitalism, money circulation promot es non only the process of the exchange of ordinary goods simply as well as the exchange of a special commodity stab queenfor consumer goods (essential for the workers existence) as a condition for its extended reproduction. This sphere of money circulation is in fact the one that imparts a specifically capitalistic character to the process of money circulation.

In the field of trading operations of money circulation a number of economic polices argon in effect: the justness of quantity of money needed for circulation (Qn) is limit by Marx well-known formula: (ibid., p. 130). The rectitude of the real (exchange ) view of of currencies states that at a g! iven quantity Qn this value is in return proportional to the quantity of token money in circulation. The rightfulness of bank notes in circulation states that the terms under which the bank notes be issued inherently include conditions of their flow back to the bank of issue. Marx considered that the law Qn has a universal significance; that is, it is in effect in all social structures in which commodity production...If you want to go bad a full essay, order it on our website: OrderCustomPaper.com

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