| This question <1280|611> overall <604|608> Dabears: <520|697>. graded B+ |
| Question 401: Describe how and why commodity circulation contains the possibility of crisis. |
| [605] Dabears: First, to answer this question, one must look at Marx's definition of a “crisis,” which is, as stated by Hans in [2005fa:1659], “The forcible separation of moments which are essentially different but which are externally united...” |
| When we look at this, we can then consider commodity circulation and the possibility therein of a crisis. Thugtorious [2005fa:1558] said “The potential for a crisis in commodity circulation comes about when the exchange process is subdivided into two acts: the sale and the purchase.” When someone sells a commodity for money and then does not immediately purchase something with said money, a separation of these two “externally united” acts occurs. But this alone is not the crisis. The possibility of a crisis occurs through the reunification of the two. Marx says “For the development of this possibility into actuality a whole series of relations is required, which do not yet exist from the standpoint of the simple circulation of commodities.” |
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