Understanding Marx's Capital Volume 1 Chapter 8 - Constant and Variable Capital

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Karl Marx's Capital Volume 1
Part 3 - The Production of Absolute Surplus-Value
Chapter 8 - Constant Capital and Variable Capital

00:00 - Means of Production and Workers
00:19 - Transfering Old Value or Dead Labour and Creating New Value
03:33 - Constant Capital
04:03 - Machinery And Materials Do Not Create Value
06:18 - Variable Capital

06:50 - Buying Labour-Power

This video is a look at Chapter 8 of Marx's Capital, Constant Capital and Variable Capital. We'll start by examining Labour's two-fold nature of transfering and creating Value, and also examine both Constant and Variable Capital.





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Had to revise and refresh some things as I enter into volume 2. Your videos are just brilliant man. Appreciate them so much!

jackm
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What’s the difference between the labor process and the valorization process. What exactly is the valorization process.

ofthem
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Wait is value creation a requisite of the valorization process, as opposed to the labor process

ofthem
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What are the social and economic factors that have contributed to the emergency of the capitalist labour process?

qyamapretty