{"id":11680,"date":"2025-10-15T00:05:09","date_gmt":"2025-10-15T04:05:09","guid":{"rendered":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2025-introduction-to-american-government\/?p=11680"},"modified":"2025-10-15T00:05:24","modified_gmt":"2025-10-15T04:05:24","slug":"discussion-board-5-2-2","status":"publish","type":"post","link":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2025-introduction-to-american-government\/2025\/10\/15\/discussion-board-5-2-2\/","title":{"rendered":"Discussion Board 5.2"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">A capitalist remains wealthy by extorting the surplus value of labor power out of its workers. They remain wealthy this way because we are only supposed to work 4 hours in a day, but those 4 of labor time are not profitable for a enterprise. Therefore, we work beyond our labor time which is usually 8 hours, in order for the enterprise to turn a profit. The formula M-C-M&#8217; is the general formula of capital, it stands for Money-Commodity-Money (at the end of the transaction). This formula indicates when a capitalist is using money for a commodity expecting to get a profit out of it. The value of a commodity is determined by the amount of social labor inherent in it. The capitalist turns a profit by using excessive labor power in order to produce a good. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A capitalist remains wealthy by extorting the surplus value of labor power out of its workers. They remain wealthy this way because we are only supposed to work 4 hours in a day, but those 4 of labor time are not profitable for a enterprise. Therefore, we work beyond our labor time which is usually&hellip;<\/p>\n","protected":false},"author":10846,"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-11680","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-2025-introduction-to-american-government\/wp-json\/wp\/v2\/posts\/11680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2025-introduction-to-american-government\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2025-introduction-to-american-government\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2025-introduction-to-american-government\/wp-json\/wp\/v2\/users\/10846"}],"replies":[{"embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2025-introduction-to-american-government\/wp-json\/wp\/v2\/comments?post=11680"}],"version-history":[{"count":1,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2025-introduction-to-american-government\/wp-json\/wp\/v2\/posts\/11680\/revisions"}],"predecessor-version":[{"id":11681,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2025-introduction-to-american-government\/wp-json\/wp\/v2\/posts\/11680\/revisions\/11681"}],"wp:attachment":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2025-introduction-to-american-government\/wp-json\/wp\/v2\/media?parent=11680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2025-introduction-to-american-government\/wp-json\/wp\/v2\/categories?post=11680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2025-introduction-to-american-government\/wp-json\/wp\/v2\/tags?post=11680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}