The Art of Getting By








Realisation of the day

Friday, November 30, 2007

During the times when i tell you that sociology is fun and interesting, they're probably times when i have nothing better to do.

I came across this passage in my sociology reading and now i'm glad i chose econs over soci.

Not exact quote:

It is a failure by conventional economists to treat capital as a material category of things, or as money, which accords to it no special properties that would explain social formation.....

What is capital then? If it is not just production of goods or money? According to Marx, capital is used to set into motion a process of continuous transformation of capital-as-money into capital-as-commodities followed by a re-transformation of capital-as-commodities into capital-as-more-money. This is the famous M-C-M' formula, a repetitive, expansive cycle which 'capital' manifests iteself.....

HOKAY. Like wow. According to some huge ass sociologist, capital is seriously a dynamic process which goes round and round without dying off, while producing more money at the same time! Not just like, MONEY, ya know. Butbut, this process sounds familiar.... Gasp! Does it vaguely resemble... the MULTIPLIER?

My readings are full of shit. I also can come up with a theory that actually leeches on another theory just that i beat around the bush a little more.

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