I've been reading Capital off and on for months and this is a seemingly pretty important difference that I don't understand. Is there a difference between surplus labor and profit, and if so, what is it? Any explanations, links, or chapters in Capital I should check out are appreciated.

  • deathtoreddit@lemmygrad.ml
    ·
    21 days ago

    Could that be because profit is declining while surplus value is actually increasing, although the surplus value is just going into the increasing cost of labor…?

    Yes, to yer first insight, though I don't understand yer second insight... usually rate of surplus value increases, by increasing surplus product, depressing variable capital (wages) or both

    do you know where the rates of surplus value and profit differ, just to ask? (hint: wages vs total Capital)