Heterodox
Chapter 11 of volume 1 of Capital is called “The Rate and Mass of Surplus-Value” (Marx 1990: 417), and it deals with further aspects of surplus value.In essence, Marx makes a number of points in this chapter as follows: (1) the rate of surplus value is dependent on the duration of the working day and the value of labour-power;(2) the total mass of surplus value can be measured by s/v multiplied by the value of total variable capital, and capitalists wish to maximise the mass of...
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