"To the extent that the accumulation of this paper (the cloud)
expresses the accumulation of
railways, mines, steamships, etc.,(the production system)to that extent does it express the extension
of the actual reproduction process — just as the extension of, for example, a
tax list on movable property indicates the expansion of this property."
" But as
duplicates which are themselves objects of transactions as commodities, and thus
able to circulate as capital-values, they are illusory, and their value may fall
or rise quite independently of the movement of value of the real capital for
which they are titles. "
as to the financialized share in surplus value
" In order to quickly settle this question, let us point out ... the accumulation of wealth in the
hands of bankers... acting as middlemen between
private money-capitalists on the one hand, and the state, communities, and
reproducing borrowers on the other."
".. the entire vast extension of the credit
system, and all credit in general, is exploited by them as their private
capital. "
"These fellows always possess capital and incomes in money-form or in
direct claims on money."
" The accumulation of the wealth of this class may take
place completely differently than actual accumulation, but it proves at any rate
that this class pockets a good deal of the real accumulation."
repeat
the essence of the reagan new dawn
"The accumulation of the wealth of this banker class
may take place completely differently than actual accumulation"