Theory & Philosophy cover image

Karl Marx's "Capital" Vol. 1 (Part 4/4)

Theory & Philosophy

00:00

The Change in the Value of Labor Power Will Not Affect Surplus Value

Nume three: Surplus value will not affect labor power. Nume four: A change in surplus value is the consequence, not the cause, of a change in workers' wages. Nume five: If productivity and intensity remain constant, but the length of the working day changes, then capitalists need to decrease value of labor power so they can make more money.

Play episode from 09:57
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app