The Accumulation of Capital

In capitalist society reproduction takes place on an ever-extending scale. The social product always exceeds necessary consumption: as it does in every 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 Moses and the Prophets. Accumulation for accumulation’s sake, production for production’s sake, production for production’s sake …’ 1 These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.