Abstract

In Marx, commercial capital is one of the forms of capital that is invested solely in the circulation process. From the point of view of industrial capital, commercial capital greatly reduces its circulation time because the realisation of the value of industrial capital is accomplished as soon as the merchant has bought its commodities. The division of the agents of reproduction into industrialists and merchants - although necessary for the expanded reproduction of capital - constitutes an aggravating factor for the crises of overproduction. Money-dealing capital is the one form of merchant's capital. Money-dealing capital contributes, as does commercial capital, to the reduction of the circulation time by undertaking the tasks of circulatory transformation, whereas interest-bearing capital has, as we will see, other functions. Commercial capital entails a division of the acts of circulation, the acts of purchase and sale.Keywords: circulation time; commercial capital; industrial capital; interest-bearing capital; merchant's capital; money-dealing capital

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