Capital Vol. 1

Karl Marx (1867)

KarlMarx_Kapital Oh, yeah! Let neither friend nor foe quip, ‘but thou hasnae even read …’.

Leaves surprisingly much unanswered. That is, I was expecting a more complete system. So value is determined through socially necessary labour time, through a straightforward quantitative relation. Fine. But what’s so special about labour that makes it the locus of surplus value creation? Formally, what’s to stop individual units of labour being treated as entrepreneurs, and generating their own ‘internal’ surplus value within the production process? Well, maybe answers are to be found in Vols. 2 & 3 …

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