{"id":13630,"date":"2026-09-20T13:59:15","date_gmt":"2026-09-20T17:59:15","guid":{"rendered":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2026-american-government\/?p=13630"},"modified":"2026-09-20T13:59:27","modified_gmt":"2026-09-20T17:59:27","slug":"discussion-5-2","status":"publish","type":"post","link":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2026-american-government\/2026\/09\/20\/discussion-5-2\/","title":{"rendered":"Discussion 5.2"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">so the formula M-C-Mprime basically means money, commodity, and more money<sup><\/sup>. the capitalist starts with money (M) and buys commodities (C), which includes things like equipment, raw materials, and paying workers their hourly wages<sup><\/sup>. then, those workers use their labor power to make the products, which brings us back to the labor theory of value showing that human labor is what actually creates all the worth and wealth<sup><\/sup>. after that, the capitalist sells the finished goods on the market for more money (Mprime) than they started with<sup><\/sup>. the main way they stay rich and keep increasing their profits is by paying workers lower wages than the actual value of what they produce<sup><\/sup>. on top of that, they use tactics like downsizing, speedups, and contract labor to cut costs and squeeze more out of working people<sup><\/sup>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>so the formula M-C-Mprime basically means money, commodity, and more money. the capitalist starts with money (M) and buys commodities (C), which includes things like equipment, raw materials, and paying workers their hourly wages. then, those workers use their labor power to make the products, which brings us back to the labor theory of value&hellip;<\/p>\n","protected":false},"author":11080,"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-13630","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-2026-american-government\/wp-json\/wp\/v2\/posts\/13630","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2026-american-government\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2026-american-government\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2026-american-government\/wp-json\/wp\/v2\/users\/11080"}],"replies":[{"embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2026-american-government\/wp-json\/wp\/v2\/comments?post=13630"}],"version-history":[{"count":1,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2026-american-government\/wp-json\/wp\/v2\/posts\/13630\/revisions"}],"predecessor-version":[{"id":13631,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2026-american-government\/wp-json\/wp\/v2\/posts\/13630\/revisions\/13631"}],"wp:attachment":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2026-american-government\/wp-json\/wp\/v2\/media?parent=13630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2026-american-government\/wp-json\/wp\/v2\/categories?post=13630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2026-american-government\/wp-json\/wp\/v2\/tags?post=13630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}