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:
“To expect to increase prices and then to maintain them at a higher level by means of a plan which must of necessity increase production while decreasing consumption is to fly in the face of an economic law as well established as any law of nature.”
—Calvin Coolidge (1872–1933)
“She went in there to muse on being rid
Of relative beneath the coffin lid.
No one was by. She stuck her tongue out; slid.”
—Gwendolyn Brooks (b. 1917)