Capital : A Critique of Political Economy by Karl Marx

By Karl Marx

The "forgotten" moment quantity of Capital, Marx's world-shaking research of economics, politics, and heritage, comprises the important dialogue of commodity, the cornerstone to Marx's theories.

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See, for example, Jean Marchal and Jacques Lecaillon, La Repartition du revenu national: Les mode/es, Vol. III, Le modele classique. Le modele marxiste, Paris, 1958, pp. 82-5; Bronislaw Mine, op. , pp. 159-65, and many others. e. all labour which enriches one or several capitalists, enabling them to appropriate a portion of the total mass of surplus-value produced by the total mass of value-producing wage-labour. 46 We could call it 'labour productive from the point of view of the individual capitalist(s) '.

But in reality, we have only now arrived at the heart of the problem. For the correct Marxist classification of the proletariat- the class which is forced by socio-economic compulsion to sell its labourpower to the capitalist owners of the means of production - implies that both variations in the level of the reserve army of labour, and the variegated relations between the 'purely physiological' and 'moralhistorical' components of the value of labour-power, 63 are of decisive importance for the proletarian's immediate destiny.

We may well ask what kind of intrinsic 'law' of raising surplus labour would then be incorporated into these 'socialist production relations'. For Marx distinctly states that such a law underlies the schemas of expanded reproduction referring to the production of surplus-value. 38 6. PRODUCTIVE AND UNPRODUCTIVE LABOUR Marx's theory of reproduction is firmly rooted in his perfected labour theory of value, not only in the sense that his reproduction schemas are based upon a common numeraire, labour-time, but also in the sense that what they measure and express is the distribution (and movement) of the labour force available to society among different departments and branches of material production.

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