Titlebook: Development and Underdevelopment; A Marxist Analysis Geoffrey Kay Book 1975 Palgrave Macmillan, a division of Macmillan Publishers Limited

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S. P. Singh,Divyanshu Kumar Dixit the circuit of capital does not merely embrace the spheres of production and circulation, it . them: they remain distinct, but they are inseparable. So it is with the two forms of capital that operate within them: while each has its own distinguishing features, they share the common property of being capital and are governed by its general laws.

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Production, Consumption and Surplus,ir population and replenish their physical stocks. This requires that they engage in the process of .. Material production is, therefore, the common feature of all societies. In a real sense it is the starting point of society itself, and for this reason it provides a starting point for economic the

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The Accumulation of Capital,y class society. But capitalism differs from other class societies in one vital respect: the surplus takes the form of surplus value, is appropriated by capital as profit and systematically ploughed back into production, for it is the nature of capital to expand. ‘Accumulate, accumulate! That is Mos

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Inflammation