Surplus value is thus the driving force of the history of modern
capitalist society. This principle is rigidly followed out by Marx in
his theoretical system, which aims at showing the rise and growth of
Capitalism.
The capitalist is no scientific investigator: he is not clear himself
whether profit is created by a portion of the capital, or is the
result of personal productive forces, but he knows one thing--without
living labour power, without the wage worker, his whole capital
remains dead and does not increase; all the fixed capital and raw
materials are of no use to him so long as they are not set in motion
by living labour power and transformed into commodities. His efforts
are, therefore, primarily directed to making proper use of the living
labour power. Historically considered, little constant and relatively
much variable capital was employed in the primitive stage of the large
scale industry: there was as yet little machinery, and the chief thing
was the living labour power. The workers were not yet factory
proletarians in the modern sense, but artisans who had lost their
independent existence.
The capitalist harnessed them and utilised their labour power and
special ability. Consequently, he strives to lengthen the working day,
in order that as many commodities and as much profit as possible may
be produced.
If previously the wage worker had laboured ten hours, of which five
were devoted to the production of the value of his wages and five to
surplus value, he is now obliged to work for twelve hours, which
increases the period for surplus labour to seven hours. The surplus
value which is extracted through the lengthening of the working day is
called by Marx "absolute surplus value."
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account