The Conquest of Bread

• ‘they are human beings, and they need our aid, that is enough.’
• common inheritance
• expropriation
• “But Marx’s point is that, if there is no value and surplus value being produced in production in general, then these sectors cannot exist by themselves. If no shirts and shoes were produced, what would retailers sell? There is, however, a caveat that is terribly important. Some of the flow of what seems to be fictitious capital can indeed be involved in value creation. When I convert my mortgaged house into a sweatshop employing illegal immigrants, the house becomes fixed capital in production”
• “whether something functions as fixed capital or not depends upon its use and not upon its physical qualities. ”
• “Much of the value and surplus value created in production is siphoned off to pass, by all manner of complicated paths, through fictitious channels”
• “In this way, all connection with the actual process of capital’s valorization is lost, right down to the last trace, confirming the notion that capital is automatically valorized by its