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Consumption is also immediately production, just as in nature the consumption of the elements and chemical substances is the production of the plant.
Different from a great part of the world, we in America persist in our belief in individual enterprise and in the profit motive.
The main features and requirements of the basic economic law of modern capitalism might be formulated roughly, in this way: the securing of the maximum capitalist profit through the exploitation, ruin and impoverishment of the majority of the population of the given country, through the enslavement and systematic robbery of the peoples of other countries, especially backward countries, and, lastly, through wars and militarization of the national economy, which are utilized for the obtaining of the highest profits.
The substance of the eminent Socialist gentlemen's speech is that making a profit is a sin. It is my belief that the real sin is taking a loss!
A circuit performed by a capital and meant to be a periodical process, not an individual act, is called its turnover. The duration of this turnover is determined by the sum of its time of production and its time of circulation.
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