Capitalism

A mode of production in which the private ownership of the means of production predominates, and under which the only logic of

Capitalist state

Any state which operates as a class dictatorship of the bourgeoisie. The bourgeois republic is one form of a capitalist state. The

Commodity

Any product made with the intention of exchanging it to realize surplus value, rather than made for use (use value). Commodity production

Commodity production

A mode of production that underlies the modern capitalist economic model. Commodity production is an economic relation that relies on:   1.