How Capitalism WorksMonthly Review Press, 1977 - 128 pages Studies the workings of capitalism, and the relation of labor, profit, money, government, and class in terms of Marxist economic theory. |
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Page 27
... worker must labor for longer than it takes to create a value equal to that of his or her daily requirement of the means of subsistence , known as neces- sary labor time , that is , what is necessary to reproduce his or her labor power ...
... worker must labor for longer than it takes to create a value equal to that of his or her daily requirement of the means of subsistence , known as neces- sary labor time , that is , what is necessary to reproduce his or her labor power ...
Page 28
... necessary to state some new definitions which we shall need as we proceed . We have seen that there are two elements ... labor , the capitalist will naturally seek to maximize its growth . The number of hours of necessary labor is ...
... necessary to state some new definitions which we shall need as we proceed . We have seen that there are two elements ... labor , the capitalist will naturally seek to maximize its growth . The number of hours of necessary labor is ...
Page 29
... necessary labor and that in surplus labor . An increase in surplus value brought about by modifying this internal re- lationship is called relative surplus value . Thus a reduction in necessary labor time is most likely to be brought ...
... necessary labor and that in surplus labor . An increase in surplus value brought about by modifying this internal re- lationship is called relative surplus value . Thus a reduction in necessary labor time is most likely to be brought ...
Table des matières
Introduction 79 | 7 |
A Unique Commodity | 22 |
Early Conclusions | 31 |
Droits d'auteur | |
6 autres sections non affichées
Expressions et termes fréquents
1817 LIBRARIES accumulation of capital alienation analysis anticapitalist appropriate artisan average rate become bourgeois bourgeoisie bread capi capitalist class capitalist mode CHIGAN cial circulation of capital class struggle commercial capital commodity consumer contradiction countries crises dominant duction economic enables enterprises equal equipment example exchange value exploitation factory forms fundamental hand human imperialist increase industrial capitalist infrastructure interest internal invested Karl Marx labor power less Marx Marxism means of production ment MICHIGAN mode of production monetary monopoly capitalism movement nature necessary labor nonproductive workers productive capital productive forces productive relations profit to fall proletariat rate of profit rate of surplus raw materials realize relations of production rise sell share social classes society sumer superprofits superstructure surplus labor talist tendency tertiary sector Third World tion trade transformed tween units of money UNIV variable capital wage earners