Hundreds of thousands and millions of wage slaves of capital and peasants downtrodden by the serf-owners are going to the slaughter for the dynastic interests of a handful of crowned brigands, for the profits of the bourgeoisie in its drive to plunder foreign lands.

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.

By means of the banking system the distribution of capital as a special business, a social function, is taken out of the hands of the private capitalists and usurers. But at the same time, banking and credit become the most effective means of driving captialist production beyond its own limits and one of the most effective vehicles of crises and swindle.

A great deal of capital, which appears to-day in the United States without any certificate of birth, was yesterday, in England, the capitalised blood of children.

An increase in the productivity of labour means nothing more than that the same capital creates the same value with less labour, or that less labour creates the same product with more capital.

The circulation of capital realizes value , while living labour creates value.