Theory & Philosophy

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

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Oct 2, 2021
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INSIGHT

Productive Labor Under Capitalism

  • Under capitalism, productive laborers are defined by surplus value generation, not just producing things.
  • Society values workers only when they produce beyond their needs, benefiting capitalists.
INSIGHT

Capitalism's Unexpected Origins

  • Contrary to expectations, capitalism emerged in less fertile regions, requiring harder labor.
  • These 'temperate zones' necessitated longer work hours and less free time, fostering hierarchical cooperation.
INSIGHT

The Flawed Assumption of Natural Capitalism

  • Classical economists mistakenly viewed surplus value and capitalism as natural.
  • Marx argues that this assumption stems from being born into the system, ignoring historical instances of self-subsistence.
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