{"id":8046,"date":"2024-03-03T23:52:17","date_gmt":"2024-03-04T04:52:17","guid":{"rendered":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2023\/?p=8046"},"modified":"2024-03-03T23:52:26","modified_gmt":"2024-03-04T04:52:26","slug":"8046","status":"publish","type":"post","link":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2023\/2024\/03\/03\/8046\/","title":{"rendered":""},"content":{"rendered":"\n<p>\u00a0&#8220;M-C-M&#8221; refers to the process of capital accumulation in capitalism. It stands for &#8220;money-commodity-money.&#8221; capitalists start with a certain amount of money, use it to purchase commodities then sell it for higher to have income from it, they stay wealthy by reinvesting their profit , wealthy people stay wealthy as a class because they make investments that they can make profit back from\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0&#8220;M-C-M&#8221; refers to the process of capital accumulation in capitalism. It stands for &#8220;money-commodity-money.&#8221; capitalists start with a certain amount of money, use it to purchase commodities then sell it for higher to have income from it, they stay wealthy by reinvesting their profit , wealthy people stay wealthy as a class because they make&hellip;<\/p>\n","protected":false},"author":8854,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"portfolio_post_id":0,"portfolio_citation":"","portfolio_annotation":"","openlab_post_visibility":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-8046","post","type-post","status-publish","format-standard","hentry","category-discussion-board-5-2"],"_links":{"self":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2023\/wp-json\/wp\/v2\/posts\/8046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2023\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2023\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2023\/wp-json\/wp\/v2\/users\/8854"}],"replies":[{"embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2023\/wp-json\/wp\/v2\/comments?post=8046"}],"version-history":[{"count":1,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2023\/wp-json\/wp\/v2\/posts\/8046\/revisions"}],"predecessor-version":[{"id":8048,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2023\/wp-json\/wp\/v2\/posts\/8046\/revisions\/8048"}],"wp:attachment":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2023\/wp-json\/wp\/v2\/media?parent=8046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2023\/wp-json\/wp\/v2\/categories?post=8046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2023\/wp-json\/wp\/v2\/tags?post=8046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}