Part Four: The Production of Relative Surplus-Value
Part Four of Capital, Volume I consists of four chapters: 12: The Concept of Relative Surplus-Value, 13: Co-operation, 14: Division of Labour and Manufacture, and 15: Machinery and Modern Industry. In Chapter 12, Marx explains a decrease in the value of labour power by increasing production. Chapters 13–15 examine ways in which the productivity of this labour is increased.
Read more about this topic: Capital, Volume I
Famous quotes containing the words production and/or relative:
“The problem of culture is seldom grasped correctly. The goal of a culture is not the greatest possible happiness of a people, nor is it the unhindered development of all their talents; instead, culture shows itself in the correct proportion of these developments. Its aim points beyond earthly happiness: the production of great works is the aim of culture.”
—Friedrich Nietzsche (1844–1900)
“Excellence or virtue is a settled disposition of the mind that determines our choice of actions and emotions and consists essentially in observing the mean relative to us ... a mean between two vices, that which depends on excess and that which depends on defect.”
—Aristotle (384–323 B.C.)