Kyle Wright

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How then does a sum of commodities, of exchange values, become capital? Thereby, that as an independent social power, i.e., as the power of a part of society, it preserves itself and multiplies by exchange with direct, living labour-power. The existence of a class which possesses nothing but the ability to work is a necessary presupposition of capital. It is only the dominion of past, accumulated, materialized labour over immediate living labour that stamps the accumulated labour with the character of capital.
Wage Labour and Capital and Value, Price, and Profit
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