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Benjamin Y. Fong | Profitability estimates in retail and e-commerce

Benjamin Y. Fong | Profitability estimates in retail and e-commerce

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Capitalist society is structurally oriented towards the future. In Marx’s formulation, capital is the process of realizing the M-C-M’ circuit, wherein an initial investment (M) in commodity production (C) ultimately generates profit (M’). What it takes to realize some future M’ is naturally a question of intense speculation. Often, in the dogged pursuit of a […]

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