C' ... C' is the sole circuit in which the originally advanced
 capital-value consists only a part of the extreme that opens the movement
 and in which the movement from its inception thus reveals itself as the
 total movement of the industrial capital — as the movement of that part
 of the product which replaces the productive capital as well as of that
 part which forms surplus-product and which on the average is spent in part
 as revenue and employed in part as an element of accumulation. Included
 in this circuit is the expenditure of surplus-value as revenue and to that
 extent individual consumption is likewise included. The latter is furthermore
 included for the reason that the starting-point C, commodity, exists in
 the form of some utility; but every article produced by capitalist methods
 is commodity-capital, no matter whether its use-form destines it for productive
 or for individual consumption, or for both. M ... M' indicates only the
 value side, the self-expansion of the advanced capital-value, as the purpose
 of the entire process; P ... P (P') indicates the process of production
 of capital as a process of reproduction with a productive capital of the
 same or of increasing magnitude (accumulation). Revealing itself already
 in its initial extreme as a form of capitalist commodity production, C'
 ... C' comprises productive and individual consumption from the start;
 productive consumption and the self-expansion of value therein included
 appear only as a branch of its movement. Finally, since C' may exist in a use-form which cannot enter any more into any process of production, it is indicated at the outset that
 C'’s various constituents of value expressed by parts of the product must
 occupy a different position, according to whether C' ... C' is regarded
 as the form of the movement of the total social capital or as the independent
 movement of an individual industrial capital. All these peculiarities of
 the circuit lead us beyond its own confines as an isolated circuit of some
 merely individual capital.