{"resolved":true,"match_type":"uuid","source_type":"original_book","book_id":"228f0c0d-2779-4136-9d68-0e7616b3a34f","title":"资本的限度","author":null,"edition":null,"publisher":null,"year":null,"isbn":"9787508673165","requested_by":"printed_page","book":{"source_type":"original_book","book_id":"228f0c0d-2779-4136-9d68-0e7616b3a34f","id":"228f0c0d-2779-4136-9d68-0e7616b3a34f","uuid":"228f0c0d-2779-4136-9d68-0e7616b3a34f","title":"资本的限度","normalized_title":"资本的限度","author":null,"edition":null,"publisher":null,"year":null,"isbn":"9787508673165","isbns":["9787508673165"],"parsed":true,"ai_readable":true,"document_type":"book","page_count":735,"navigation_url":"https://workshop.closeclaw.top/ai/book/228f0c0d-2779-4136-9d68-0e7616b3a34f","title_url":"https://workshop.closeclaw.top/ai/title/%E8%B5%84%E6%9C%AC%E7%9A%84%E9%99%90%E5%BA%A6","fixed_page_url_template":"https://workshop.closeclaw.top/ai/book/228f0c0d-2779-4136-9d68-0e7616b3a34f/page/{printed_page}","path_api_url_template":"https://workshop.closeclaw.top/api/ai/book/228f0c0d-2779-4136-9d68-0e7616b3a34f/page/{printed_page}","read_url":"https://workshop.closeclaw.top/api/ai/read/228f0c0d-2779-4136-9d68-0e7616b3a34f","page_url":"https://workshop.closeclaw.top/api/ai/books/228f0c0d-2779-4136-9d68-0e7616b3a34f/page","search_url":"https://workshop.closeclaw.top/api/ai/books/228f0c0d-2779-4136-9d68-0e7616b3a34f/search"},"page":{"printed_page":422,"pdf_page":430,"physical_index":430,"physical_index_base":0,"printed_page_status":"recognized","page_sha256":"ecc60b76541a028491954ad0dd28995993a5f95f0e9f4d74687d9a1e57a4cf82"},"chapter":"第9章 货币、信用和金融","content":"为了对付这些障碍，可以设立诸多解决方案。金融中介可以挺身而出，将储蓄和风险聚集起来，以便能够短期借入、长期借出。在这样做时，它们的预期既可以是未来的储蓄，又可以是未来生产的剩余价值（这两者最终必定会变成一回事，因为储蓄是从收益中产生的，而收益是从生产中涌现出来的)。另一种解决方案是让生产者以年度为基准对他们的债务进行再融资，或者直接销售未来生产的剩余价值的股份所有权。股票的购买和出售让货币所有者得以保持灵活性和流动性，股票的价格则可以按照剩余价值的生产所发生的变动来调整。\n\n这些解决方案—它们在信用体系内部把虚拟资本制度化了造成了一些困惑。“铁路、采矿、轮船等公司的股票代表现实资本，也就是代表在这些企业中投入的并执行职能的资本，或者说，代表股东所预付的、在这些企业中作为资本来用的货币额。”52（《资本论》第3卷，第466页）但是所有权证书并不能让人“支配这个资本”，资本本身也不能被撤回，因为所有权证书只是对一部分未来收益的债权。所有权证书是现实资本的“纸质副本”—纸质副本可以流通，现实资本则不行。“当这些证券的积累表示铁路、矿山、汽船等等的积累时，它们也表示现实再生产过程的扩大。”但作为纸质副本，所有权证书纯粹是“幻想的虚拟的资本形式”54。因此，这些所有权证书的价格可能会按照自身的规律来波动，而这些规律与“现实资本的价值变动完全无关”5（《资本论》第3卷，第 466—477 页)。\n\n资本的限度\n\n268\n\n422","previous_page":null,"next_page":null}