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“The production of absolute surplus-value turns exclusively upon the length of the working-day; the production of relative surplus-value revolutionises the technical processes of labour and the ...
In approaching “The Concept of Relative Surplus Value,” we should keep firmly in mind the fact that “The essential difference between the various economic forms of society between, for instance, a ...
Lecture 9 Part V. It is important to note that this Part, entitled “The Production of Absolute and of Relative Surplus Value,” is not a mere summation of “The Production of Absolute Surplus Value” and ...
In ‘Capital,’ Marx defined two ways of creating a surplus from exploiting the labor of others. The first is the extraction of ‘absolute surplus value.’ Extracting absolute surplus value ...
This article makes an analytical critique of the position of Basu, Haas, and Moraitis, who, by extending the conventional linear system for the simultaneous determination of value, argue that in ...
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