- The capitalist class consists of people who own wealth, as well as the means of production in American society. How does a capitalist remain wealthy? Explain M-C-M’ to show how capitalists maintain and increase their wealth.
A capitalists remains & increases their wealth in 3 steps following the M C M. “M” stands for money. Every wealthy person needs to start with some sort of money, whether it would be from investments or savings. “C” stands for commodities, what they are spending their money on. This could vary from paying workers, materials, & more. Lastly, “M” stands for more money. Putting these resources together, helps you get something to sell it for more than you paid to make it. This formula is used from rich people to get more money than what they initially start with, & stay rich!
