Explore "Capital, Volume Two: The Process of Circulation of Capital" by Karl Marx on Textopian. Read with annotations and highlights.
* Beginning of Manuscript IV. - F.E.
We have seen that the movement of capital through the sphere of production and the two phases of the sphere of circulation takes place in a series of periods of time. The duration of its sojourn in the sphere of production is its time of production, that of its stay in the sphere of circulation its time of circulation. The total time during which it describes its circuit is therefore equal to the sum of its time of production and its time of circulation.