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Class 10 - Chapters 16-24

Reading Marx's Capital (audio)

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Understanding Collective Labour and Surplus Value in Capitalism

Exploring the complexities of defining collective labour in capitalist society, this chapter delves into Marx's analysis of productive labor and surplus value. It emphasizes the shift needed from individual laborers to broader class relations for a comprehensive understanding of surplus value production. Highlighting the strategic ways capitalists obtain surplus value and the flexibility of capital, the chapter also addresses the challenges faced by capitalists in maintaining productivity in the face of changing conditions.

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