{"id":10865,"date":"2025-03-02T23:59:00","date_gmt":"2025-03-03T04:59:00","guid":{"rendered":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0505-spring-2025-introduction-to-american-government\/?p=10865"},"modified":"2025-02-22T22:53:34","modified_gmt":"2025-02-23T03:53:34","slug":"devin-rivera-db-5-2","status":"publish","type":"post","link":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0505-spring-2025-introduction-to-american-government\/2025\/03\/02\/devin-rivera-db-5-2\/","title":{"rendered":"Devin Rivera DB 5.2"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">DB 5.1<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>1. **C &gt; M &gt; C** (Commodity &gt; Money &gt; Commodity) illustrates the working class, where labor functions as the commodity. I exchange a product or my services to earn money, which I subsequently use to purchase other commodities.<\/li>\n<\/ol>\n\n\n\n<ul class=\"wp-block-list\">\n<li>2. **M &gt; C &gt; M** (Money &gt; Commodity &gt; Money) exemplifies the capitalist approach. Here, I begin with money, use it to acquire goods or services (the commodity), and then sell that commodity at a higher price to realize a profit.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>3. The &#8220;M&#8221; represents MONEY, indicating the earnings for both social classes. The primary distinction lies in how they obtain it, depending on their respective methods.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>4. How is money transformed into capital? When I use my money (M) to purchase a commodity, whether it be a service or a product, I carry out the necessary labor. Afterward, I sell the product at a higher price, generating a profit. With this profit, I can invest in various opportunities, thereby creating capital. As previously mentioned, owners and capitalists acquire their money through investments, while workers earn their income through wages.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">DB 5.2<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Explain M-C-M\u2019 to show how capitalists maintain and increase their wealth. <\/strong>Owners have money, which they have accumulated through investments made from the profits generated by low-cost labor. They hire workers who, in return, provide products or services. The owners then reinvest the profits they earn from these products, allowing them to accumulate even more wealth.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>DB 5.1 DB 5.2<\/p>\n","protected":false},"author":10197,"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":[16,17],"tags":[],"class_list":["post-10865","post","type-post","status-publish","format-standard","hentry","category-discussion-board-5-1","category-discussion-board-5-2"],"_links":{"self":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0505-spring-2025-introduction-to-american-government\/wp-json\/wp\/v2\/posts\/10865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0505-spring-2025-introduction-to-american-government\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0505-spring-2025-introduction-to-american-government\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0505-spring-2025-introduction-to-american-government\/wp-json\/wp\/v2\/users\/10197"}],"replies":[{"embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0505-spring-2025-introduction-to-american-government\/wp-json\/wp\/v2\/comments?post=10865"}],"version-history":[{"count":1,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0505-spring-2025-introduction-to-american-government\/wp-json\/wp\/v2\/posts\/10865\/revisions"}],"predecessor-version":[{"id":10866,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0505-spring-2025-introduction-to-american-government\/wp-json\/wp\/v2\/posts\/10865\/revisions\/10866"}],"wp:attachment":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0505-spring-2025-introduction-to-american-government\/wp-json\/wp\/v2\/media?parent=10865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0505-spring-2025-introduction-to-american-government\/wp-json\/wp\/v2\/categories?post=10865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0505-spring-2025-introduction-to-american-government\/wp-json\/wp\/v2\/tags?post=10865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}