#surplus-value — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #surplus-value, aggregated by home.social.
-
CW: Marxism learnings
🔹 Mode of production (eg capitalism or feudalism)
(equals) =
relations (between classes)
(plus) +
forces (= means + workers)
Dialectical relationship: they influence each other.🔹 Commodities and the labour theory of value. I thought this was a lot of words to say that labour adds value, and that surplus value comes from the power of labour through underpayment. Workers are paid the minimum amount that is necessary for them to show up the next day and work again.
What I didn't understand fully: labour adds value, okay, labour turns a bunch of wool into a hat so that is clearly added value. However, scarcity (whether real or perceived) also adds value, no? So what does Marx say about this? Does sentimental value have a place in Marxism?
🔹 "socially necessary labour time". If an average person needs one hour to repair a car, one hour is going to be the price paid. A slower person doesn't get more money. Quantification of labour through xyz is unfair.
-
CW: Marxism learnings
🔹 Mode of production (eg capitalism or feudalism)
(equals) =
relations (between classes)
(plus) +
forces (= means + workers)
Dialectical relationship: they influence each other.🔹 Commodities and the labour theory of value. I thought this was a lot of words to say that labour adds value, and that surplus value comes from the power of labour through underpayment. Workers are paid the minimum amount that is necessary for them to show up the next day and work again.
What I didn't understand fully: labour adds value, okay, labour turns a bunch of wool into a hat so that is clearly added value. However, scarcity (whether real or perceived) also adds value, no? So what does Marx say about this? Does sentimental value have a place in Marxism?
🔹 "socially necessary labour time". If an average person needs one hour to repair a car, one hour is going to be the price paid. A slower person doesn't get more money. Quantification of labour through xyz is unfair.
-
CW: Marxism learnings
🔹 Mode of production (eg capitalism or feudalism)
(equals) =
relations (between classes)
(plus) +
forces (= means + workers)
Dialectical relationship: they influence each other.🔹 Commodities and the labour theory of value. I thought this was a lot of words to say that labour adds value, and that surplus value comes from the power of labour through underpayment. Workers are paid the minimum amount that is necessary for them to show up the next day and work again.
What I didn't understand fully: labour adds value, okay, labour turns a bunch of wool into a hat so that is clearly added value. However, scarcity (whether real or perceived) also adds value, no? So what does Marx say about this? Does sentimental value have a place in Marxism?
🔹 "socially necessary labour time". If an average person needs one hour to repair a car, one hour is going to be the price paid. A slower person doesn't get more money. Quantification of labour through xyz is unfair.
-
CW: Marxism learnings
🔹 Mode of production (eg capitalism or feudalism)
(equals) =
relations (between classes)
(plus) +
forces (= means + workers)
Dialectical relationship: they influence each other.🔹 Commodities and the labour theory of value. I thought this was a lot of words to say that labour adds value, and that surplus value comes from the power of labour through underpayment. Workers are paid the minimum amount that is necessary for them to show up the next day and work again.
What I didn't understand fully: labour adds value, okay, labour turns a bunch of wool into a hat so that is clearly added value. However, scarcity (whether real or perceived) also adds value, no? So what does Marx say about this? Does sentimental value have a place in Marxism?
🔹 "socially necessary labour time". If an average person needs one hour to repair a car, one hour is going to be the price paid. A slower person doesn't get more money. Quantification of labour through xyz is unfair.
-
Proletariat of the Hill
-
Proletariat of the Hill
-
Proletariat of the Hill
-
Proletariat of the Hill
-
Proletariat of the Hill
-
Proletariat of the Hill
-
Caller Defends Billionaires as Host Exposes Worker Exploitation Truth
A heated call exposes how workers defend billionaires while being underpaid. This breakdown reveals the truth about wages, labor value, and economic conditioning.
#billionaires #capitalism #corporateGreed #EconomicInequality #EconomicJustice #fairWages #laborRights #ProgressivePolitics #surplusValue #unions #WealthGap #workerExploitation https://wp.me/p1OjMZ-oNG -
Caller Defends Billionaires as Host Exposes Worker Exploitation Truth
A heated call exposes how workers defend billionaires while being underpaid. This breakdown reveals the truth about wages, labor value, and economic conditioning.
#billionaires #capitalism #corporateGreed #EconomicInequality #EconomicJustice #fairWages #laborRights #ProgressivePolitics #surplusValue #unions #WealthGap #workerExploitation https://wp.me/p1OjMZ-oNG -
"NOBODY WANTS TO WORK" - People who literally don't work for a living
-
"NOBODY WANTS TO WORK" - People who literally don't work for a living
-
"NOBODY WANTS TO WORK" - People who literally don't work for a living
-
"NOBODY WANTS TO WORK" - People who literally don't work for a living
-
"NOBODY WANTS TO WORK" - People who literally don't work for a living
-
உபரி மதிப்பு’ (Surplus Value)
மார்க்சியத்தின் இதயப்பகுதியான ‘உபரி மதிப்பு’ (Surplus Value) தத்துவத்தைப் பற்றிப் பார்ப்போம். கார்ல் மார்க்ஸ் தனது ‘மூலதனம்’ (Das Kapital) நூலில், முதலாளித்துவத்தில் தொழிலாளர்கள் எப்படிச் சுரண்டப்படுகிறார்கள் என்பதைப் பொருளாதார ரீதியாக நிரூபித்த இடமே இதுதான். இதை மிக எளிமையாகப் பின்வரும் நிலைகளில் புரிந்துகொள்ளலாம்: 1. பயன்பாட்டு மதிப்பும் பரிவர்த்
-
உபரி மதிப்பு’ (Surplus Value)
மார்க்சியத்தின் இதயப்பகுதியான ‘உபரி மதிப்பு’ (Surplus Value) தத்துவத்தைப் பற்றிப் பார்ப்போம். கார்ல் மார்க்ஸ் தனது ‘மூலதனம்’ (Das Kapital) நூலில், முதலாளித்துவத்தில் தொழிலாளர்கள் எப்படிச் சுரண்டப்படுகிறார்கள் என்பதைப் பொருளாதார ரீதியாக நிரூபித்த இடமே இதுதான். இதை மிக எளிமையாகப் பின்வரும் நிலைகளில் புரிந்துகொள்ளலாம்: 1. பயன்பாட்டு மதிப்பும் பரிவர்த்
-
Capital and surplus value theory according to Karl Marx in "Capital - The Production Process of Capital. Section 4: The Transformation of Money into Capital"
#capital #surplusvalue #marx #marxismus #marxism #production -
Capital and surplus value theory according to Karl Marx in "Capital - The Production Process of Capital. Section 4: The Transformation of Money into Capital"
#capital #surplusvalue #marx #marxismus #marxism #production -
Capital and surplus value theory according to Karl Marx in "Capital - The Production Process of Capital. Section 4: The Transformation of Money into Capital"
#capital #surplusvalue #marx #marxismus #marxism #production -
Capital and surplus value theory according to Karl Marx in "Capital - The Production Process of Capital. Section 4: The Transformation of Money into Capital"
#capital #surplusvalue #marx #marxismus #marxism #production -
#valueoflabor #workerworth #wagereality #productivitygap #laboreconomics #businessbasics #economicsexplained #careerinsights #workplacewisdom #moneyfacts #surplusvalue #wagesuppression #modernexploitation #yourlabormatters #whocreatesprofits #visualizedata #everydaymath #knowyourworth #worklifebalance #mastodoneconomics
-
Plutes gunna Plute
(A #plutocrat is a plute)“Tonight I am going to speak on the #classstruggle and I am going to make it so plain that even a lawyer can understand it."- Bill Haywood #IWW
Capitalists - capos - have dollars they didn't work for, because the exploited work for dollars they do not get.
-
Plutes gunna Plute
(A #plutocrat is a plute)“Tonight I am going to speak on the #classstruggle and I am going to make it so plain that even a lawyer can understand it."- Bill Haywood #IWW
Capitalists - capos - have dollars they didn't work for, because the exploited work for dollars they do not get.
-
Plutes gunna Plute
(A #plutocrat is a plute)“Tonight I am going to speak on the #classstruggle and I am going to make it so plain that even a lawyer can understand it."- Bill Haywood #IWW
Capitalists - capos - have dollars they didn't work for, because the exploited work for dollars they do not get.
-
Plutes gunna Plute
(A #plutocrat is a plute)“Tonight I am going to speak on the #classstruggle and I am going to make it so plain that even a lawyer can understand it."- Bill Haywood #IWW
Capitalists - capos - have dollars they didn't work for, because the exploited work for dollars they do not get.
-
#Capitalism #Capital #Marx #SurplusValue #PoliticalEconomy: "Since its first use, there was no shared definition of the concept of capitalism, and this difficulty did not even change later on when the term widely spread and gained its popularity. The works Modern Capitalism, by Werner Sombart, and The Protestant Ethic and The Spirit of Capitalism, by Max Weber, were both published at the beginning of the 20th century and meant to show–despite some differences–the essence of capitalism in the spirit of initiative, in the cold rational calculation and the systematic pursuit of personal profit, greatly contributed to the popularisation of this term. However, it was mainly due to the spread of the Marxist critique of society that the word capitalism–to which the Encyclopaedia Britannica did not dedicate an entry until 1922–gained its citizenship in the social sciences.
Moreover, after being left on the margins, when not explicitly rejected, of the theoretical discourse of the main currents of political economy, it was through Marx’s work that the concept of capitalism gained centrality even in this discipline. Rather than being conceived as a synonym for political decisions aimed at benefiting the ruling classes, through Marx it took on the meaning of a specific system of production, based on the private property of factories and the creation of surplus value."
-
#Capitalism #Capital #Marx #SurplusValue #PoliticalEconomy: "Since its first use, there was no shared definition of the concept of capitalism, and this difficulty did not even change later on when the term widely spread and gained its popularity. The works Modern Capitalism, by Werner Sombart, and The Protestant Ethic and The Spirit of Capitalism, by Max Weber, were both published at the beginning of the 20th century and meant to show–despite some differences–the essence of capitalism in the spirit of initiative, in the cold rational calculation and the systematic pursuit of personal profit, greatly contributed to the popularisation of this term. However, it was mainly due to the spread of the Marxist critique of society that the word capitalism–to which the Encyclopaedia Britannica did not dedicate an entry until 1922–gained its citizenship in the social sciences.
Moreover, after being left on the margins, when not explicitly rejected, of the theoretical discourse of the main currents of political economy, it was through Marx’s work that the concept of capitalism gained centrality even in this discipline. Rather than being conceived as a synonym for political decisions aimed at benefiting the ruling classes, through Marx it took on the meaning of a specific system of production, based on the private property of factories and the creation of surplus value."
-
#Capitalism #Capital #Marx #SurplusValue #PoliticalEconomy: "Since its first use, there was no shared definition of the concept of capitalism, and this difficulty did not even change later on when the term widely spread and gained its popularity. The works Modern Capitalism, by Werner Sombart, and The Protestant Ethic and The Spirit of Capitalism, by Max Weber, were both published at the beginning of the 20th century and meant to show–despite some differences–the essence of capitalism in the spirit of initiative, in the cold rational calculation and the systematic pursuit of personal profit, greatly contributed to the popularisation of this term. However, it was mainly due to the spread of the Marxist critique of society that the word capitalism–to which the Encyclopaedia Britannica did not dedicate an entry until 1922–gained its citizenship in the social sciences.
Moreover, after being left on the margins, when not explicitly rejected, of the theoretical discourse of the main currents of political economy, it was through Marx’s work that the concept of capitalism gained centrality even in this discipline. Rather than being conceived as a synonym for political decisions aimed at benefiting the ruling classes, through Marx it took on the meaning of a specific system of production, based on the private property of factories and the creation of surplus value."
-
#Capitalism #Capital #Marx #SurplusValue #PoliticalEconomy: "Since its first use, there was no shared definition of the concept of capitalism, and this difficulty did not even change later on when the term widely spread and gained its popularity. The works Modern Capitalism, by Werner Sombart, and The Protestant Ethic and The Spirit of Capitalism, by Max Weber, were both published at the beginning of the 20th century and meant to show–despite some differences–the essence of capitalism in the spirit of initiative, in the cold rational calculation and the systematic pursuit of personal profit, greatly contributed to the popularisation of this term. However, it was mainly due to the spread of the Marxist critique of society that the word capitalism–to which the Encyclopaedia Britannica did not dedicate an entry until 1922–gained its citizenship in the social sciences.
Moreover, after being left on the margins, when not explicitly rejected, of the theoretical discourse of the main currents of political economy, it was through Marx’s work that the concept of capitalism gained centrality even in this discipline. Rather than being conceived as a synonym for political decisions aimed at benefiting the ruling classes, through Marx it took on the meaning of a specific system of production, based on the private property of factories and the creation of surplus value."
-
#Capitalism #Capital #Marx #SurplusValue #PoliticalEconomy: "Since its first use, there was no shared definition of the concept of capitalism, and this difficulty did not even change later on when the term widely spread and gained its popularity. The works Modern Capitalism, by Werner Sombart, and The Protestant Ethic and The Spirit of Capitalism, by Max Weber, were both published at the beginning of the 20th century and meant to show–despite some differences–the essence of capitalism in the spirit of initiative, in the cold rational calculation and the systematic pursuit of personal profit, greatly contributed to the popularisation of this term. However, it was mainly due to the spread of the Marxist critique of society that the word capitalism–to which the Encyclopaedia Britannica did not dedicate an entry until 1922–gained its citizenship in the social sciences.
Moreover, after being left on the margins, when not explicitly rejected, of the theoretical discourse of the main currents of political economy, it was through Marx’s work that the concept of capitalism gained centrality even in this discipline. Rather than being conceived as a synonym for political decisions aimed at benefiting the ruling classes, through Marx it took on the meaning of a specific system of production, based on the private property of factories and the creation of surplus value."
-
Interesting as ever from Michael Roberts.
He must have got a review copy of this, £87.50 book (and that's just the ebook) from pisstakers Springer.Tracking Marx’s Capital
https://thenextrecession.wordpress.com/2024/10/12/tracking-marxs-capital/ -
Interesting as ever from Michael Roberts.
He must have got a review copy of this, £87.50 book (and that's just the ebook) from pisstakers Springer.Tracking Marx’s Capital
https://thenextrecession.wordpress.com/2024/10/12/tracking-marxs-capital/ -
Interesting as ever from Michael Roberts.
He must have got a review copy of this, £87.50 book (and that's just the ebook) from pisstakers Springer.Tracking Marx’s Capital
https://thenextrecession.wordpress.com/2024/10/12/tracking-marxs-capital/ -
Interesting as ever from Michael Roberts.
He must have got a review copy of this, £87.50 book (and that's just the ebook) from pisstakers Springer.Tracking Marx’s Capital
https://thenextrecession.wordpress.com/2024/10/12/tracking-marxs-capital/ -
Interesting as ever from Michael Roberts.
He must have got a review copy of this, £87.50 book (and that's just the ebook) from pisstakers Springer.Tracking Marx’s Capital
https://thenextrecession.wordpress.com/2024/10/12/tracking-marxs-capital/ -
“few ever think of the great and humble army whose sweat and blood are mingled in the concrete and bricks as surely as if the walls were built over a framework of human flesh.” - Charlie Sullivan (1920s)
Book text at #surplusvalue https://www.surplusvalue.org.au/McQueen/sborder/blf_framework_of_flesh.htm
2007 ABCC “Constructing Fear”
https://www.youtube.com/watch?v=naOANWf8uoI -
“few ever think of the great and humble army whose sweat and blood are mingled in the concrete and bricks as surely as if the walls were built over a framework of human flesh.” - Charlie Sullivan (1920s)
Book text at #surplusvalue https://www.surplusvalue.org.au/McQueen/sborder/blf_framework_of_flesh.htm
2007 ABCC “Constructing Fear”
https://www.youtube.com/watch?v=naOANWf8uoI -
“few ever think of the great and humble army whose sweat and blood are mingled in the concrete and bricks as surely as if the walls were built over a framework of human flesh.” - Charlie Sullivan (1920s)
Book text at #surplusvalue https://www.surplusvalue.org.au/McQueen/sborder/blf_framework_of_flesh.htm
2007 ABCC “Constructing Fear”
https://www.youtube.com/watch?v=naOANWf8uoI -
“few ever think of the great and humble army whose sweat and blood are mingled in the concrete and bricks as surely as if the walls were built over a framework of human flesh.” - Charlie Sullivan (1920s)
Book text at #surplusvalue https://www.surplusvalue.org.au/McQueen/sborder/blf_framework_of_flesh.htm
2007 ABCC “Constructing Fear”
https://www.youtube.com/watch?v=naOANWf8uoI -
«New #technology can require decades to pay off, which is an inhibiting factor for companies. As a result, #governments often take on the task of early R&D.»
https://cleantechnica.com/2022/06/08/just-the-facts-the-cost-of-solar-has-fallen-more-quickly-than-experts-predicted/
Leave it to capitalist market and most of the science and technology we know today would probably never got into existence...
#surplusvalue #capitalism #exploitation #workingclass #barbarism #profit #taxes #state #research #development #economy #market #collaboration #communism #anarchism #science -
«New #technology can require decades to pay off, which is an inhibiting factor for companies. As a result, #governments often take on the task of early R&D.»
https://cleantechnica.com/2022/06/08/just-the-facts-the-cost-of-solar-has-fallen-more-quickly-than-experts-predicted/
Leave it to capitalist market and most of the science and technology we know today would probably never got into existence...
#surplusvalue #capitalism #exploitation #workingclass #barbarism #profit #taxes #state #research #development #economy #market #collaboration #communism #anarchism #science -
«New #technology can require decades to pay off, which is an inhibiting factor for companies. As a result, #governments often take on the task of early R&D.»
https://cleantechnica.com/2022/06/08/just-the-facts-the-cost-of-solar-has-fallen-more-quickly-than-experts-predicted/
Leave it to capitalist market and most of the science and technology we know today would probably never got into existence...
#surplusvalue #capitalism #exploitation #workingclass #barbarism #profit #taxes #state #research #development #economy #market #collaboration #communism #anarchism #science -
«New #technology can require decades to pay off, which is an inhibiting factor for companies. As a result, #governments often take on the task of early R&D.»
https://cleantechnica.com/2022/06/08/just-the-facts-the-cost-of-solar-has-fallen-more-quickly-than-experts-predicted/
Leave it to capitalist market and most of the science and technology we know today would probably never got into existence...
#surplusvalue #capitalism #exploitation #workingclass #barbarism #profit #taxes #state #research #development #economy #market #collaboration #communism #anarchism #science -
«Inflation is trending down. But #earnings have generally grown slower than #inflation, resulting in a loss of #PurchasingPower for consumers. (...) #CreditCard #debt reached a staggering $1.3 trillion in the second quarter of 2023. This is not sustainable. At some point soon, consumer spending will have to slow. And given that consumer spending represents about two-thirds of total #GDP, a #recession could still occur.»
https://theconversation.com/jobs-are-up-wages-less-so-and-lower-purchasing-power-could-still-lead-the-us-into-a-recession-212678
#usa #capitalism #surplusvalue #exploitation -
«Inflation is trending down. But #earnings have generally grown slower than #inflation, resulting in a loss of #PurchasingPower for consumers. (...) #CreditCard #debt reached a staggering $1.3 trillion in the second quarter of 2023. This is not sustainable. At some point soon, consumer spending will have to slow. And given that consumer spending represents about two-thirds of total #GDP, a #recession could still occur.»
https://theconversation.com/jobs-are-up-wages-less-so-and-lower-purchasing-power-could-still-lead-the-us-into-a-recession-212678
#usa #capitalism #surplusvalue #exploitation -
«Inflation is trending down. But #earnings have generally grown slower than #inflation, resulting in a loss of #PurchasingPower for consumers. (...) #CreditCard #debt reached a staggering $1.3 trillion in the second quarter of 2023. This is not sustainable. At some point soon, consumer spending will have to slow. And given that consumer spending represents about two-thirds of total #GDP, a #recession could still occur.»
https://theconversation.com/jobs-are-up-wages-less-so-and-lower-purchasing-power-could-still-lead-the-us-into-a-recession-212678
#usa #capitalism #surplusvalue #exploitation -
«Inflation is trending down. But #earnings have generally grown slower than #inflation, resulting in a loss of #PurchasingPower for consumers. (...) #CreditCard #debt reached a staggering $1.3 trillion in the second quarter of 2023. This is not sustainable. At some point soon, consumer spending will have to slow. And given that consumer spending represents about two-thirds of total #GDP, a #recession could still occur.»
https://theconversation.com/jobs-are-up-wages-less-so-and-lower-purchasing-power-could-still-lead-the-us-into-a-recession-212678
#usa #capitalism #surplusvalue #exploitation
