The formula for this is M-C-M', or taking a sum of money M, turning it into commodities C, and selling C at its Value for a greater sum of money M'. This cycle repeats, and is only possible because the commodity "labor-power" is consistently purchased for well below its value, Capitalists pay the worker, say, 2 hours of work but expect 8-12 hours in return for said payment, and do so using the State apparatus to uphold this and prevent uprising against it.
this post was submitted on 06 Feb 2025
56 points (96.7% liked)
Communism
1886 readers
145 users here now
Welcome to the communist Lemmy community! This is a community for all Marxist.
founded 5 years ago
MODERATORS