Understanding Marx's Capital Volume 1 Chapter 7 - Labour and Producing Surplus-Value (Section 2)
Channel: Dissident Theory
Date: 18/12/2020

Karl Marx's Capital Volume 1
Part 3 - The Production of Absolute Surplus-Value
Chapter 7 - The Labour-Process and the Process of Producing Surplus-Value  
Section 2 - The Production of Surplus-Value



00:00 - Labour Creates Surplus-Value
00:55 - What Do Capitalists Want?
01:55 - Labour Theory of Value
04:46 - What is the Value of Labour-Power?
06:43 - The Labourer Works Longer Than Needed
09:17 - Capitalism and Profits

This video is a look at Chapter 7 of Marx's Capital, The Labour-Process and the Process of Producing Surplus-Value. In Section 2, we'll be looking at how Value is created and transfered in the labour process and finally explaining how Surplus-Value is created in the M-C-M' circuit.

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: https://soundcloud.com/dissidenttheory




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A full online copy of Marx's Capital Volume 1 can be found here: https://www.marxists.org/archive/marx/works/1867-c1/  


Music used in this video is: 


Calm Sirens by TheRelaxedMovement https://www.youtube.com/watch?v=adfySLfSYiE


Cold Morning by TheRelaxedMovement https://www.youtube.com/watch?v=4S5a0Lf0h5c  
  
Late At Night by TheRelaxedMovement https://www.youtube.com/watch?v=yTHquoGNAOI  
  
Night Chills by TheRelaxedMovement https://www.youtube.com/watch?v=Rne5FQqDV9U  
  
Step Together by TheRelaxedMovement https://www.youtube.com/watch?v=J_FdfIfFhXM 



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