“The Production of Absolute Surplus Value” dealt with the prolongation of the working day. “The Production of Relative Surplus Value” describes the extraction of surplus value within the same working ...
All science, wrote Marx, “would be superfluous if the appearance, the form, and the nature of things were wholly identical.” (Vol. II, p. 951) Marxian science separates the essential production ...
In ‘Capital,’ Marx defined two ways of creating a surplus from exploiting the labor of others. The first is the extraction of ‘absolute surplus value.’ Extracting absolute surplus value means ...