Karl Marx and Hydrostandart

Hydrostandart
Nov 4 · 2 min read

It is well known that the author of the general formula for capital, the “money — commodities — money” principle that lies at the core of capitalism, is Karl Marx.

Marx wrote: “All new capital, to commence with, comes on the stage, that is, on the market, whether of commodities, labour, or money, even in our days, in the shape of money that by a definite process has to be transformed into capital”.

In Marx’s times the production cycle looked very simple: a capitalist in possession of money would build a manufacturing plant, equip it with either manual or treadle sewing machines, hire workers and start manufacturing commodities, that is, clothes. Nowadays this formula no longer applies: the time of non-electric sewing machines is gone! To be competitive you must resort to electric sewing machines, and that requires energy.

This is why the modern formula for capital is closer to “money — ENERGY — commodities — money”. We can’t even begin to imagine manufacturing on any scale without using electricity!

Energy has become the primary factor in creating wealth, even greatly influencing such market concepts as value and added value. Expanding upon the aforementioned Marx quote, we have come to realize that nowadays the main element that drives the transformation of money into capital is energy.

This is why the ‘Theory of hydrogen standard for money’ has scientifically established that the future belongs to an energy-based money standard that is built on hydrogen.
Our future lies with Hydrostandart, a new generation decentralized ecosystem!

Learn more: http://hydrostandart.io/WhitePaperENG.pdf

Hydrostandart

Hydrostandart — decentralized platform create artificial intelligence and make money from water!

Hydrostandart

Written by

Hydrostandart - decentralized platform create artificial intelligence and make money from water!

Hydrostandart

Hydrostandart — decentralized platform create artificial intelligence and make money from water!

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade