The conversion of a sum of money into means of production and labor-power, is the first step taken by the quantum of value that is going to function as capital.
THE conversion of a sum of money into means of production and labour-power, is the first step taken by the quantum of value that is going to function as capital.
Its value is determined not by the labour-process into which it enters as a means of production, but by that out of which it has issued as a product.
生産手段私有制の社会主義改造は達成され、人が人を搾取する制度は消滅して、社会主義制度が確立した。
The socialist transformation of the private ownership of the means of production was completed, the system of exploitation of man by man eliminated and the socialist system established.
A clean room is a space to re-produce the value, we recognize as a means of production itself to yield profits based on the investment and social value of the company.
This winter, demands for tax justice, improved living standards and rejection of state authoritarianism are the focus of attention, but the struggle over employee exploitation and social ownership ofthe means of production has been almost entirely absent.
The first act by virtue of which the State really constitutes itself the representative of the whole of society- the taking possession of the means of production in the name of society- this is, at the same time, its last independent act as a State.
It is an essential requirement that it should flow back in this form in order for labour as wage-labour, the means of production as capital, and the process of production itself as a capitalist process, to be continually reproduced anew.
The direct producer, according to our assumption, is to be found here in possession of his own means of production, the necessary material labour conditions required for the realisation of his labour and the production of his means of subsistence.
The private ownership of the means of production conveys the right to exclude others from use of the firm's assets, and therefore the owners of firms have a powerful threat to induce workers to supply the effort that could not be secured by contract: work hard.
The original text of Article Six of the Constitution is:"The basis of the socialist economic system of the People's Republic of China is socialist public ownership of the means of production, namely, ownership by the whole people and collective ownership by the working people.".
If all the means of production were vested in a single hand, whether it be nominally that of'society' as a whole or that of a dictator, whoever exercises this control has complete power over us".
When all the means of production are vested in a single hand, whether it be nominally that of“society” as a whole or that of a dictator, whoever exercises this control has complete power over us.
The means of production on the one hand, labour-power on the other, are merely different forms of existence which the value of the original capital assumed when it lost its monetary form and was transformed into the various factors of the labour process.
In a communist society the social classes would disappear and the means of production would have no single owner; hence, such a stateless society will no longer require law, and stateless communism, a communist utopia, will develop.
Marxism, as Marx's critical theory came to be known, put an extensive focus on the relations of classes within society, as the class that owns the means of production is the central and most powerful class, subverting the other classes to a submissive position.
In so far then, as its instruments and subjects are themselves products, labour consumes products in order to create products, or in other words, consumes one set of products by turning them into means of production for another set.
The democratization of manufacturing means that anyone and eventually everyone can access the means of production, making the question of who should own and control the means of production irrelevant, and capitalism along with it.
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