Karl Marx’s Capital Vol. 3 (Part 1/10)
Theory & Philosophy
00:00
The Economy in the Use of Constant Capital
In mathematical terms, the profit rate is equal to the surplus value rate times the number of turnovers. capitalists don't keep super accurate records that actually breaks down the amount that's spent on constant capital versus real living labor. So it's hard to know just how much profit is earned above what is spent on wages. But in any case, we move here into chapter five, which is back to marks, now titled economy in the use of constant capital.
Transcript
Play full episode
