ABSTRACT
A source of much unabated discussion among Marxists and scholars interested in the history of economic thought is how Marx dealt with commerce, banking and many other services relating to the so-called sphere of circulation. As a significant corollary of his labour theory of value, Marx considers such economic activities to be unproductive. We will probe this topic by looking at the relationship between the spending of the surplus value and economic growth, as outlined in the previous chapter, since it is important to assess the extent to which resources of accumulation are wasted (or otherwise) in a capitalist economy.
