Understanding Marx's Capital Volume 1 Chapter 16 - Absolute and Relative Surplus-Value

Karl Marx's Capital Volume 1
Part 5 - Production of Absolute and Relative Surplus-Value
Chapter 16 - Absolute and Relative Surplus-Value

This video is a look at Chapter 16 of Marx's Capital, Absolute and Relative Surplus-Value. It will briefly cover Marx's definitions of Formal Subsumption and Real Subsumption and also Marx's concept of Productive and Unproductive Labour.

0:00 - Part 5 Production of Absolute and Relative Surplus Value
00:10 - Chapter 16 Absolute and Relative Surplus Value
00:51 - Formal Subsumption
01:40 - Real Subsumption
02:22 - Productive Labour



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[ravs]

I understood the final quotation to be written in the context of a private for profit school as opposed to a state school. I.e. in the first circumstance, a school which produces surplus value. Is that the correct understanding of this passage?

[aopsdoijeaqsdsf]

Thanks for the video.

Bruh chapter 15 was too long