Tag Archives: a critical summary

Chapter 10 of volume 1 of Capital is called “The Working Day” (Marx 1990: 340), and it deals with aspects of the working day in capitalism.Marx divides the chapter into seven sections: (1) The Limits of the Working Day;(2) The Voracious Appetite for Surplus Labour;(3) Branches of English Industry without Legal Limits to Exploitation(4) Day-Work and Night-Work. The Shift System(5) The Struggle for a Normal Working Day(6) The Struggle for a Normal Working Day. Laws for the Compulsory...

Chapter 6 of volume 1 of Capital is called “Sale and Purchase of Labour-Power,” and it discusses the nature and value of labour-power. This chapter ends section 2 of volume 1 of Capital.Surplus value is not created by the transactions M–C or C–M in the circuit of capital (Marx 1990: 270). Marx argues that it is the special commodity called labour-power that is the source of surplus value (Marx 1990: 270).Marx explains: “In order to be able to extract value from the consumption of a...