Karl Marx's Capital Volume 1
Part 3 - The Production of Absolute Surplus-Value
Chapter 9 - The Rate of Surplus-Value
00:00 - Calculating Exploitation
00:34 - Unhappy Capitalists
02:08 - C' = (c+v)+s
04:20 - What is Exploitation?
05:00 - What is Surplus-Labour?
06:25 - How Much are we Exploited?
08:05 - Seeing Value in the Finished Products
09:24 - Senior's Last Hour and Profits
13:06 - Surplus Products
This video is a look at Chapter 9 of Marx's Capital, The Rate of Surplus-Value. Marx is applying his previous arguments in a more forumlaic way, examining the % rate of exploitation and disproving 'Senior's Last Hour' - that all capitalist profits are created in the final hour of the day.
The audio from this series of reading and understanding Karl Marx's 3 Volumes of Capital will also be uploaded on my soundcloud for easy listening: / dissidenttheory
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A full online copy of Marx's Capital Volume 1 can be found here: www.marxists.org/archive/marx...
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