Jun 21, 2021 • 13M

Explaining Marx's Capital Volume 1: Chapter 9 (continued)

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Notes for the main as well as premium for this week:

Introduction

  • As we know, surplus value is the difference between capital advanced (the first C) and the product (second C)

  • Capital advanced, or advanced capital, is just c + v or the money spent for production

  • Capital is made up of the purchase of the means of production (constant capital, so instrument…

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