Understanding Marx's Capital Volume 1 Chapter 9 - Rate of Surplus-Value

Karl Marx's Capital Volume 1
Part 3 - The Production of Absolute Surplus-Value
Chapter 9 - The Rate of Surplus-Value

00:00 - Calculating Exploitation
00:34 - Unhappy Capitalists
02:08 - C' = (c+v)+s
04:20 - What is Exploitation?
05:00 - What is Surplus-Labour?
06:25 - How Much are we Exploited?
08:05 - Seeing Value in the Finished Products
09:24 - Senior's Last Hour and Profits
13:06 - Surplus Products

This video is a look at Chapter 9 of Marx's Capital, The Rate of Surplus-Value. Marx is applying his previous arguments in a more forumlaic way, examining the % rate of exploitation and disproving 'Senior's Last Hour' - that all capitalist profits are created in the final hour of the day.





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TheRelaxedMovement Social Media Stuff:

[socialistquickfix]

most helpful video on Senior's 'last hour' i've seen, cheers

[Mrs.Sardonicus]

This chapter is complicated af. Thank you for the breakdown.

[clairemgenest]

This is so clear!!!! Wow thank you, I wish I found your channel a long time ago. :)

[bharathidilipan.t]

Brother explain us how capitalism collapse according to Marx's rate of fall of profit. Did marx say automation leads to inevitable collapse of capitalism?

[jesterscupcake]

Super helpful for the last two chapters. Thanks