1- M-C-M’ refers to M for money, C for commodity and, M’ for money at the end of the transaction. The diagram used refers to how capitalists maintain and increase their wealth by circulating money in this system. Reading 5.1 refers to cloth weavers as means of commodity. Instead of personal use, cloth is made to resell into clothing and other goods to increase profit. Doubling the value since there is labor placed into the product and creates a loop for more money made by capitalists.

Labor power is another factor that adds to the surplus value, M’ in the diagram. The estimated amount of man power needed to be paid in order to produce something also takes money out of production. That is why capitalists deliberately plan ahead to lower costs of production to try and come up with a surplus value that is reasonable to them. Maintaining high wealth means cutting corners in some areas from what a lot of products say today. Seeing appliances from the 1950’s in comparison to today is a good example of how M-C-M’ has become an issue for consumers. Since capitalists want consumers to keep coming and buying again, many products do not have a life time warranty. Nor hold up to high standards than back in the day.