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Tag Archives: surplus value
Das Kapital vol.3 part1, chapter 3: The Relation of the Rate of Profit to the Rate of Surplus Value
Before we can examine the formation of a general rate of profit and the way this causes prices to diverge from values we have more examining to do of this equation for the rate of profit: s/(v+c). Continue reading
Interview with Andrew Kliman
Here is an interview with Andrew Kliman in which Kliman discusses the Marxist theory of capitalist crisis. Kliman is professor of economics at PACE university and author of the very important book Reclaiming Marx’s Capital. Kliman talks about some of … Continue reading
Posted in Uncategorized
Tagged andrew kliman, brenner, capitalism, credit, crisis, economics, Exploitation, falling rate of profit, labor theory of value, marx, moseley, Okishio, organic composition of capital, political economy, reclaiming Marx's capital, surplus value, transformation problem, underconsumption
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DIY exploitation
Part one: Part two: This is a follow up video to “where does profit come from?” In that video: labor creates value. therefore labor is the source of profit. review: of all inputs in production, only one input is capable … Continue reading
Posted in Econ 101-value profit exploitaiton
Tagged absolute surplus value, capital, capitalism, capitalists, constant, economics, exchange, Exploitation, karl marx, labor value, machines, profit, relative surplus value, supply and demand, surplus value, sweatshops, technology, unions, use, variable, wages, workers
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Kapitalism101 