Social Capital

Corresponding to “individual capital”, also known as “aggregate social capital”. It is the sum of all the individual capitals in the capitalist economy which are interconnected and reciprocally condition each other.

The relationship between individual capital and social capital can be summarized as follows: social capital equals the sum of individual capitals. Marx pointed out: Every individual capital forms but an individualized fraction, a fraction endowed with individual life, as it were, of the aggregate social capital. The intersecting and mutually conditioned circuit of individual capitals form the movement of aggregate social capital.

The examination of social capital focuses on the circuit and turnover of social capital, and the movement of social capital, as distinguished from the movement of individual capital, includes not only productive consumption and the circulation of capital, but also the individual consumption and the circulation of commodities in general, which corresponds to it.