"Under simple commodity production, to which we have so far largely confined our attention, each producer owns and works with his own means of production; under capitalism ownership of the means of production is vested in one set of individuals while the work is performed by another. Both means of production and labor power, moreover, are commodities; that is to say, both are objects of exchange and hence bearers of exchange value. It follows that not only the relations among owners but also the relations between owners and non-owners have the character of exchange relations. The former is characteristic of commodity production in general, the latter of capitalism only."
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Editors from the United StatesPeople from New York CityEconomists from the United StatesMarxists from the United States
Original Language: English
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Chap. 4 : Surplus Value and Capitalism
https://en.wikiquote.org/wiki/Paul_Sweezy
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Paul Sweezy
Paul Marlor Sweezy (April 10, 1910 – February 27, 2004) was an American Marxian economist, political activist, publisher, and founding editor of the long-running magazine .
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