The Competition of the Capitalists
Submitted on June 30, 2012
The industrial capitalist obtains an income by buying the elements of an industrial production process, expediently organizing its operations, and selling the products. The surplus of his income over his costs is his profit, the quantity of money he uses for the objects of his needs, on which he lives all the better, the larger it is. His kind of reproduction is based on disposal over a certain amount of property in money form...because not only are the material elements of production and the objects of individual consumption for sale, but so is labor and its services.
