Karl Marx’s ”Capital” Vol. 3 (Part 2/10)
Theory & Philosophy
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Introduction
Part two of David Gino's series on the transformation of profit into average profit. In this episode, he looks at different compositions of capital in different branches of production and the resulting variation in rates of profit. He also tries to find out what the average profit rate is and its relationship to all these other components, a surplus value, the intensity of the working day, profit, wages and so on. Go listen to part one by clicking here.
Transcript
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