Capital

In ‘Capital’ Marx establishes an analytical framework in which to dissect the market economy which evolved into the neo-liberal capitalist system we all know and love and hate today.

A key feature of this being his ‘General Formula for Capital’, in which Marx outlines the nature of transaction from commodity (C) to money (M), a phenomenon which is concluded by a return from M to C. Hence C=M=C.

A key feature to acknowledge as a primary contributor to the groove which ultimately serves as the commodity of a bassist is that the commodity (C) is equal to the groove (G) and the capital generated by it’s transition from G to C to M.

Luckily, it is commonplace in working class circles at present to value an hypothetical worker’s labour as it would be exchanged by the hour (L).
This simplifies comparisons as a typical hour of performance (P), would consist of around 50 separable grooves (G), together forming of one half of the agreed amount of commodity (C 0.5) and to be paid at half the amount of the full agreed commodity (C), which is valued at around 100 units.

Therefore, at least for this little bassist;

performance (P)= labour (L) = groove (G) = commodity (C) = money (M)

…all are near perfectly balanced forms of capital, but in order to complete Marx’s formula the reverse must follow;

M=C=G=L=P;

May Grooves be your Capital, and Capital my Grooves.

Published by grooveboxadam

Musician

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