money capital, n.All

Money capital (n.) that ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠one capitalist stores up may be a fragment of another capitalist's surplus-value that never made it home.

Money capital (n.) piles ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠up both when production runs better and when trade simply stalls — and the money market cannot tell the difference.

Money capital (n.) accumulates ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠mostly as nothing more than a pile-up of claims on production and of the market price of those claims.

Money capital (n.) is ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠the part of capital that must sit out of production so the rest can keep working — the part the economists always forget, though it is the key to the bourgeois economy.

Money capital (n.) lying ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠latent, whether gold, tokens or paper claims, is no more than extra legal titles to the future production of society, held in reserve by capitalists.

Money capital (n.) can ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠wait out an obstacle longer than commodity capital: money does not stop being money while it waits, but a commodity held too long stops being even a use-value.

Money capital (n.) shows, ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠in its circuit, capital's most one-sided and therefore most telling face: buying in order to sell dearer, the aim leaping to the eye.

Money capital (n.) always ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠looks like more accumulation than is really happening, since even growing private consumption shows up as piled-up money capital.