{"id":11430,"date":"2025-09-21T23:59:00","date_gmt":"2025-09-22T03:59:00","guid":{"rendered":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0502-fall-2025-introduction-to-american-government\/?p=11430"},"modified":"2025-09-21T17:46:31","modified_gmt":"2025-09-21T21:46:31","slug":"discussion-board-5-2-3","status":"publish","type":"post","link":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0502-fall-2025-introduction-to-american-government\/2025\/09\/21\/discussion-board-5-2-3\/","title":{"rendered":"discussion board 5.2"},"content":{"rendered":"\n<p>Marx\u2019s <strong>M-C-M\u2032<\/strong> formula is basically the money loop in capitalism. A business owner starts with <strong>M<\/strong> (money) uses it to buy <strong>C<\/strong> (commodities) things like raw materials, machines, and especially workers time and skills and then sells the finished products for M which is a bigger amount of money.<\/p>\n\n\n\n<p>The key is that the goods sell for <strong>more<\/strong> than what it cost to make them the \u201cextra\u201d comes from workers creating more value than they\u2019re paid for which Marx calls surplus value The owner pockets that profit and puts it back into the next round of production so the cycle keeps repeating and the wealth keeps growing.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marx\u2019s M-C-M\u2032 formula is basically the money loop in capitalism. A business owner starts with M (money) uses it to buy C (commodities) things like raw materials, machines, and especially workers time and skills and then sells the finished products for M which is a bigger amount of money. The key is that the goods&hellip;<\/p>\n","protected":false},"author":10864,"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-11430","post","type-post","status-publish","format-standard","hentry","category-discussion-board-5-2"],"_links":{"self":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0502-fall-2025-introduction-to-american-government\/wp-json\/wp\/v2\/posts\/11430","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0502-fall-2025-introduction-to-american-government\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0502-fall-2025-introduction-to-american-government\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0502-fall-2025-introduction-to-american-government\/wp-json\/wp\/v2\/users\/10864"}],"replies":[{"embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0502-fall-2025-introduction-to-american-government\/wp-json\/wp\/v2\/comments?post=11430"}],"version-history":[{"count":1,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0502-fall-2025-introduction-to-american-government\/wp-json\/wp\/v2\/posts\/11430\/revisions"}],"predecessor-version":[{"id":11431,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0502-fall-2025-introduction-to-american-government\/wp-json\/wp\/v2\/posts\/11430\/revisions\/11431"}],"wp:attachment":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0502-fall-2025-introduction-to-american-government\/wp-json\/wp\/v2\/media?parent=11430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0502-fall-2025-introduction-to-american-government\/wp-json\/wp\/v2\/categories?post=11430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0502-fall-2025-introduction-to-american-government\/wp-json\/wp\/v2\/tags?post=11430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}