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

Posted in Kapital Vol. 3 | Tagged , , , , , , , , , , , , , , | 6 Comments

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 , , , , , , , , , , , , , , , , , | 4 Comments

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 , , , , , , , , , , , , , , , , , , , , , | 2 Comments