Bookmarker is a personal project by @dellsystem to help with retaining reading material. Source on GitHub.

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You added a note
8 years, 8 months ago

capital is a social relation of production

Capital, also, is a social relation of production. It is a bourgeois production
relation, a production relation of bourgeois society. Are not the means of
subsistence, the instruments of labour, the raw materials of which capital con-
sists, produced and accumulated under given social conditions…

—p.281 Karl Marx: Selected Writings Wage-Labour and Capital (273) by Karl Marx
You added a note
8 years, 8 months ago

machines develop in opposition to living labour

[...] machines can only develop in opposition to living labour, as a hostile power and alien property, i.e. they must, as capital, oppose the worker. But it is equally easy to see that machines do not cease to be agents of social production, once they become, for example, the property of associated…

—p.421 Grundrisse (379) by Karl Marx
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8 years, 8 months ago

capital is itself contradiction in action

Capital is itself contradiction in action, since it makes an effort to reduce labour time to the minimum, while at the same time establishing labour time as the sole measurement and source of wealth. Thus it diminishes labour time in its necessary form, in order to increase its superfluous form; th…

—p.415 Grundrisse (379) by Karl Marx
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8 years, 8 months ago

fixed capital produces value when

Fixed capital, considered as a means of production, whose most adequate form is machinery, only produces value (i.e. increases the value of the product) in two cases: (1) in so far as it has value, i.e. in so far as it is itself the product of labour, a definite quantity of labour in an objectified…

—p.412 Grundrisse (379) by Karl Marx
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8 years, 8 months ago

control over the labour of others

In small-scale circulation, capital advances the worker his wages, which he exchanges for products necessary for his own consumption. The money that he receives only has this power because, at the same time, work is being carried out alongside him. It is only because capital has appropriated his la…

—p.411 Grundrisse (379) by Karl Marx