bour-power and given up its use-value in return, as happens in every sale and purchase.
The fact that this particular commodity labour-power has the peculiar use-value of supplying labour and creating value cannot affect the general law of the production of commodities. Hence, if the sum of values advanced in wages is not merely reproduced in the product, but also increased by a surplus-value, this is not due to an advantage gained over the seller, who received the value of his commodity, but simply to the consumption of this commodity by the buyer.
The law of exchange requires quality only for the exchange-values of the commodities passed from hand to hand. But it requires at the outset a disparity of their use-values, and has nothing to do with their consumption, which does not begin until after the trade has been made.
The original transformation of money into capital proceeds, therefore, in strict compliance with the economic laws of the production of commodities and with the property right derived therefrom. Nevertheless it has the following results:
(1) That the product belongs to the capitalist, not to the labourer;
(2) That the value of this product comprizes a surplus-value over and above the value of the advanced capital. This surplus-value has cost the labourer labour, but the capitalist nothing, yet it becomes the lawful property of the capitalist;
(3) That the labourer has reproduced his labour-power and can sell it once more, if he finds a buyer for it.
Simple reproduction is but a periodical repetition of this first operation. Money is thereby transformed again and again into capital. The general law is not violated thereby, but rather finds an opportunity to manifest itself permanently. “Several successive exchanges have merely made of the last a representative of the first.” (Sismondi, l. c., p. 70.)
Nevertheless we have seen that this simple reproduction suffices to impregnate this first operation, so far as it was considered an isolated transaction, with a totally different character, “Of those, who divide the national revenue
